Washington: US President Donald Trump on Monday unveiled a sweeping $12 billion agricultural support package aimed at rescuing American farmers grappling with low crop prices and the lingering impact of his administration’s international trade wars, particularly with China.
Announcing the initiative at the White House alongside Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, Trump described the package as part of his plan to “make America affordable again” and stabilise the food supply chain. The event was attended by several members of Congress and representatives of the corn, soybean, rice, wheat, cattle, and potato industries.
According to the administration, $11 billion will be distributed as one-time payments under the Department of Agriculture’s Farmer Bridge Assistance Program, while $1 billion has been set aside for specialty crops not covered under the scheme.
