Overview
- The package directs about $11 billion through the new Farmer Bridge Assistance program, with roughly $1 billion set aside for crops outside that program.
- Payments will go to a broad set of producers, including soybeans, corn, cotton, sorghum, rice, wheat, potatoes, and cattle.
- The move follows a late‑October Trump–Xi understanding on soybean buys, with confirmed Chinese purchases of roughly 2.7–2.8 million tonnes so far versus a 12‑million‑tonne pledge.
- Trump unveiled the plan at a White House roundtable with Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, who said funds should begin flowing by late February.
- The announcement drew political pushback, including criticism from California Governor Gavin Newsom, and comes after major farm supports in 2019 and 2020.