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The Guardian - US
The Guardian - US
Business
Debbie Carlson

US farmers say Trump’s $12bn package not enough to undo damage from tariffs

a farmer feeds cattle
A farmer feeds cattle at a farm near Montrose, Missouri. Photograph: Clayton Steward/Bloomberg via Getty Images

Donald Trump, having promised to “NEVER LET OUR FARMERS DOWN”, appeared to come through for them this month when he unveiled a $12bn aid package. Industry leaders say thousands of farms will still go bust this year.

While the US president has vowed to increase domestic farm production, and even claimed this formed a “big part” of his plan to lower grocery prices for Americans, many US farmers are grappling with mounting financial issues – compounded by Trump’s agenda.

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