President Donald Trump announced a total $12 billion in funding to help American farmers during an event on Monday, and said that it would come from tariff revenue.
“I’m delighted to announce this afternoon that the United States will be taking a small portion of the hundreds of billions of dollars we receive in tariffs. … and we’re going to be giving and providing it to the farmers in economic assistance. And we love our farmers,” the president said.
The package includes $11 billion in one-time payments to crop farmers through a new Department of Agriculture bridge payment program. The remaining funds will then go to other crops not covered by that program.
“This relief will provide much-needed certainty to farmers as they get this year’s harvest to market and look ahead to next year’s crops. And it’ll help them continue their efforts to lower food prices for American families,” Trump added.
The long-promised aid package is intended to provide relief to farmers who have been hurt directly by Trump’s trade policies, including his global tariffs.
Don’t know about the rest of the country but from what I’ve seen and heard from farmers around here they sure as hell don’t need this
How much of the $12B will fund its way into the pockets of politicians who have a stake in agriculture?