President Donald Trump will unveil a bailout plan this week for farmers whose markets have been destroyed by his signature economic policy.
President Donald Trump will unveil a bailout plan this week for farmers whose markets have been destroyed by his signature economic policy.
Trump Forced to Admit How Much His Key Crusade Has Backfired

“I’m going to do some farm stuff this week,” the president told reporters at the White House.
That’s Trump speak for finalizing a massive new aid program for farmers who have lost billions of dollars thanks to the president’s tariffs, which sparked a trade war with China earlier this year.
American farmers are on track to sell $10 billion less in soybeans to China compared to last year, and sorghum exports to China—which last year totaled $1.3 billion—are down 97 percent this year, according to The Times.
At the same time, the tariffs have pushed up costs for American farmers, who are facing higher prices for fertilizer and equipment at the exact moment that they’ve lost their biggest customer.