Trump is proposing a $12 billion aid package for farmers hit hard by his trade war with China

"President Donald Trump is planning a $12 billion farm aid package, according to a White House official a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted anonymity to speak ahead of a planned announcement, Trump will unveil the plan Monday afternoon at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers and farmers who grow corn, cotton, sorghum, soybeans, rice, cattle, wheat, and potatoes."

"Upwards of $11 billion is set aside for the U.S. Department of Agriculture's Farmer Bridge Assistance program, which the White House says will offer one-time payments to farmers for row crops. Soybeans and sorghum were hit the hardest by the trade dispute with China because more than half of those crops are exported each year with most of the harvest going to China. The aid is meant to help farmers who have suffered from trade wars with other nations, inflation, and other market disruptions."

"The rest of the money will be for farmers who grow crops not covered under the bridge assistance program, according to the White House official. The money is intended to offer certainty to farmers as they market the current harvest, as well as plan for next year's harvest. China purchases have been slow In October, after Trump met Chinese leader Xi Jinping in South Korea, the"

President Donald Trump plans a $12 billion farm aid package to support farmers facing market disruptions from tariffs, inflation, and trade disputes. The plan will be unveiled at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers and farmers. Upwards of $11 billion is allocated to the USDA's Farmer Bridge Assistance program for one-time payments to row-crop growers. Soybeans and sorghum were hit hardest because more than half of those crops are exported annually, with most going to China. Remaining funds will cover crops outside the bridge program. The aid aims to provide certainty for current marketing and next-year planning.

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