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They noted that California’s farmers previously experienced financial losses during Trump’s first administration, when the adoption of U.S. tariffs in 2018 prompted China to retaliate with ...
To improve trade competitiveness, the Trump administration revealed a plan to help US farmers in the form of state aid., [8] with a planned bailout program of $12 billion state aid to US farmers suffering from the US-China trade war. In 2018 Trump administration introduced $16 billion (~$19.1 billion in 2023) of new trade aid.
U.S. farmers want something from President-elect Donald Trump that his trade policies mean he is unlikely to deliver: increased access to the market of top soy-importer China. Trump's Republican ...
The president's plan to offer $12 billion in government assistance to farmers impacted by his trade war with China drew swift criticism from members of his own party.
SMITHTON, Pa. (AP) — Donald Trump sat in a large barn in rural Pennsylvania on Monday, asking questions of farmers and offering jokes, but in a rarity for his campaign events, mostly listening. The bombastic former president was unusually restrained at an event about China's influence on the U.S. economy, a roundtable at which farmers and ...
The Trump administration is spending $28 billion to bail out farmers hurt by the president’s trade war with China – a huge sum that some experts say overestimates the economic losses inflicted ...
California farmers, who are some of the most ardent supporters of Donald Trump, would seem to be on a collision course with one of the president-elect’s most important campaign promises.
The U.S. Department of Agriculture announced on Thursday that it would provide an additional $16 billion to help farmers, but farmers say the bailout isn't enough.