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Trump Pushes Fresh Farm Bailouts as Tariff Costs Mount

Officials consider new aid for farmers shouldering rising costs from Trump’s tariffs.

Overview

  • President Trump has directed Agriculture Secretary Brooke Rollins to develop programs to offset escalating tariff-related losses, while Congress and farm groups discuss structuring additional aid.
  • Farmers previously received $24 billion in relief during Trump’s first term and secured $10 billion in emergency payments in the closing days of the Biden administration.
  • An American Enterprise Institute study found that the top 10 percent of farms collected average subsidies of $230,700 per farm in 2018–2019, whereas midsize farms averaged $18,000 and small operations received virtually nothing.
  • Consumers and exporters in sectors such as software, pharmaceuticals and energy faced $16 billion in tariff costs last month without comparable federal compensation.
  • Critics warn that existing annual farm subsidies of about $20 billion and federally backed crop insurance already cushion farm incomes, creating a duplicative welfare system benefiting large agribusiness.