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Fortune
Fortune
Sasha Rogelberg

Trump’s $12 billion farmer bailout is a 'Band-Aid on a bigger wound' the American agriculture industry is still reeling from

An older man with a wide-brimmed hat stands in a corn field (Credit: Alexandr Musuc)

President Donald Trump has delivered on his promise to provide aid to U.S. farmers hit by his sweeping tariff policy, but that hasn’t freed the agriculture industry from worries of tight margins and volatile markets. 

On Monday, Trump, alongside Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, and National Economic Council director Kevin Hassett, announced a $12 billion farm aid program, which outlined much-needed relief for farmers who sounded the alarms about increasing input costs and fewer export opportunities amid ongoing trade tensions. Farmers will begin receiving funds by the end of February, Rollins said.

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