Trump administration has paid farmers $8.52 billion in aid to offset trade war | WHAT REALLY HAPPENED

Trump administration has paid farmers $8.52 billion in aid to offset trade war

As of Monday, the Trump administration has made $8.52 billion in direct payments to farmers through a 2018 aid program designed to counter losses stemming from the trade war with China, a U.S. Department of Agriculture spokesperson said.

Why it matters: President Trump promised aid of up t0 $12 billion, but the program stalled during the month-long government shutdown and major flooding in the Midwest has caused farmers additional pain. A prolonged trade war, which seems to be where the U.S. and China are headed, could force the Trump administration to renew the program.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA