
President Donald Trump is weighing a bailout program for farmers that would use tariff income, according to Agriculture Secretary Brooke Rollins. The U.S. agricultural industry is preparing for a harvest season that will likely be characterized by dwindling export opportunities and more expensive tools and equipment as a result of the administration’s aggressive tariff policy.
“There may be circumstances under which we will be very seriously looking to and announcing a package soon,” Rollins told the Financial Times on Wednesday, adding that using tariff income to finance the package would be “absolutely a potential.”