Farmers Welcome $12 Billion Aid Package, but Roadblocks Remain

Farmers welcome $12 billion aid package, but roadblocks remain

Cut-off access to the Chinese market, combined with rising input costs, widened an existing hole in agricultural markets this year. In an attempt to make up for what it called “unfair market disruptions,” the Trump administration intends to distribute $12 billion to farmers in early 2026. How much of the hole can $12 billion fill? A chunk, but not enough to safely drive a tractor over it. Trump’s Farmer Bridge Assistance program will bring welco…

Trump Proposes $12 Billion Farmer Bailout Harmed by His Own Tariffs

The package includes $11 billion in one-time payments to crop farmers. ABC News reports Trump says $12 billion bailout plan for farmers will come from tariff revenue President Donald Trump announced a total $12 billion in funding to help American farmers during an event on Monday, and said that it would come from tariff revenue. “I’m delighted to announce this afternoon that the United States will be taking a small portion of the hundreds of bi…

Tennessee soybean farmers predict Trump's $12B aid package won't be enough

The trade war between the United States and China has made for a rocky soybean harvest season. The Trump administration announced a $12 billion aid package for farmers to try and make up for the ensuing shortfalls, but farmers still expect to lose money on this year’s crop. Will Hutchinson is a fourth-generation farmer. He grew up working on his family’s farm in Middle Tennessee with his father, which he now runs with his sister. “Whether my kid…

Illinois ag director says trade policies are ‘crushing’ farmers - The Times Weekly

Jerry Costello II says latest aid package insufficient; warns of long-term impact The Trump administration announced recently that it would make $12 billion available in the form of one-time payments to U.S. farmers to help weather what it calls “temporary trade market disruptions” in the wake of ongoing tariff disputes with America’s trading partners. But Jerry Costello II, director of the Illinois Department of Agriculture, said this week the …