Trump's $12 Billion Lifeline for U.S. Farmers Amid Trade War Tumult

President Donald Trump has announced a $12 billion aid package for American farmers affected by his trade policies, specifically targeting row crop farmers. The package aims to provide financial support as farmers face increased input costs and reduce certainty amid trade tensions with China.

In a significant move to support American farmers reeling from the financial impact of ongoing trade tensions, President Donald Trump has unveiled a $12 billion aid package. This plan intends to assist a crucial political demographic enduring billions in sales losses due to trade policies.

The announcement was made at a White House roundtable, featuring Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, along with a host of legislators. A diverse group of farmers—corn, cotton, soybean, and more—gathered to hear Trump's assurances for their economic futures.

Rollins disclosed that $11 billion would target row crop farmers. Meanwhile, Trump stressed efforts to lower equipment costs, partially attributing price hikes to environmental regulations he aims to reduce.

(With inputs from agencies.)