
President Donald Trump announced a $12 billion farm aid package on Monday — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.
He unveiled the plan Monday afternoon at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers and farmers who raise cattle and grow corn, cotton, sorghum, soybeans, rice, wheat, and potatoes.