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Trump Says Tariff Revenue Will Fund Farmer Relief

USDA says talks are underway on a farmer-aid package.

Overview

  • Trump announced the plan during a White House meeting with Turkish President Recep Tayyip Erdoğan on Thursday.
  • He said a portion of tariff receipts would be directed to farmers as direct relief but offered no specifics on the size or timing.
  • Agriculture Secretary Brooke Rollins said interagency discussions are ongoing and noted she has discussed potential aid for months.
  • Farmers are contending with higher input costs and disrupted exports, and China canceled recent orders of U.S. soybeans.
  • Key details, including eligibility and the amount of tariff revenue available, remain unresolved.