Trump's $12 Billion Lifeline: A Boost for American Farmers

U.S. President Donald Trump is set to unveil a $12 billion aid package to support American farmers impacted by his trade policies. The package aims to help farmers with seeds and fertilizers for the upcoming season. This move follows significant losses due to trade disputes, particularly with China.

In a bold move to shore up support for American farmers impacted by ongoing trade policies, U.S. President Donald Trump will announce a $12 billion aid package. This initiative seeks to alleviate the financial burden on an industry that has faced substantial challenges due to his administration's trade stances.

The package, designed to combat the economic aftershocks of disrupted soybean sales to China, will primarily benefit row crop farmers. Up to $11 billion will go towards the Farmer Bridge Assistance program, with $1 billion directed toward other crops, though details remain to be clarified.

Despite the aid, challenges loom large as projections suggest a potential decline of over $30 billion in net farm income by 2026. This comes amidst expectations of near-record government payments to farmers in the face of continued economic strain.»

(With inputs from agencies.)