Trump Mulls $10 Billion Farmer Bailout Amidst Trade War Fallout
American farmers are facing significant challenges, largely due to President Trump’s trade policies. The White House is working on a multi-billion dollar bailout package, with the agriculture industry’s expenses projected to reach $467.4 billion in 2025. The administration is considering options such as using tariff revenue or tapping into a Department of Agriculture fund. With the US soybean industry in crisis, the administration is facing pressure to secure a trade deal with China.