Trump Administration Announces $12B Farm Aid Package

The Trump administration plans to announce a $12 billion aid package for farmers, aiming to support a key group of voters affected by low crop prices and trade policies. The package includes up to $11 billion in one-time payments for crop farmers through a new program called Farmer Bridge Assistance, with the remaining funds allocated to other crops. This move comes as many farmers, particularly those growing soybeans, have faced difficulties due to reduced export markets. The aid package is expected to be unveiled at an event with various farmers, alongside Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.