Trump Administration Unveils $12 Billion Aid Plan for U.S. Farmers

The U.S. government has announced a $12 billion aid package for American farmers. Officials say the plan will support agricultural producers facing financial losses. The aid aims to offset the impact of recent international trade disputes. These disputes involve new tariffs, which are taxes on imported goods. The resulting trade tensions have hurt U.S. agricultural exports. The Department of Agriculture will manage the three-part program. It includes direct payments to farmers, government purchases of surplus food, and a project to develop new export markets. The administration states the package is a short-term solution. It emphasizes a continued goal of securing what it calls more fair and balanced long-term trade deals.