Trump Proposes a $12 Billion Aid Package for Farmers Hurt by his China Trade War

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.

“$12 billion is a lot of money,” Trump said, adding that the additional aid will help provide certainty for farmers. The money is coming from tariff revenue, he added.

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