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Consumers have struggled with high inflation since the COVID-19 pandemic and voted for Trump in part due to discontent with higher prices. Trump pledged to bring down costs for ordinary Americans.
According to the United States Department of Agriculture (USDA), food prices jumped nearly 10% in 2022, the fastest increase in more than 40 years. Costs continued to rise by almost 6% in 2023.
In August 2024, then-candidate former President Donald Trump delivered a press conference surrounded by packaged foods, meats, produce, condiments, milk and eggs.
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.
(Reuters) -President Donald Trump's pick to lead the U.S. Department of Agriculture said on Thursday she would consider direct payments to farmers to offset losses from proposed tariffs, modeled ...
President-elect Donald Trump's promise to levy strict tariffs -- essentially, taxes and trade penalties -- upon America's trade partners has made many economists, as well as everyday Americans, a...
She was USDA's first Under Secretary for Food Safety from 1997 to 2001. With a background in human nutrition, she had previously worked in industry and academia and was Global Director of Scientific Affairs for Mars, Incorporated as well as Dean of Agriculture and Professor of Human Nutrition at Iowa State University from 2002- 2005. [ 12 ]
Asked how he would lower grocery prices during a September town hall in Michigan, Trump said tariffs would help U.S. farmers. Trump has called for a 60% tariff on products made in China and a ...