U.S. farmers receive $7.7 billion in trade aid to date: USDA
(Reuters) - U.S. Department of Agriculture has
paid out $7.7 billion so far to farmers, William Northey, Undersecretary for
Farm Production and Conservation, said on Friday, in aid designed to offset the
negative impact of tariff imposition.
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The administration of
President Donald Trump has pledged up to $12 billion in aid to help offset
losses for crops hit by retaliatory Chinese tariffs imposed in response to Washington ’s tariffs on
Chinese goods.
U.S. farmers receive $7.7 billion in trade aid to date: USDA
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