10 things you need to know today: July 25, 2018

Trump plans $12 billion in aid to farmers hurt by trade war, Trump says Russia is trying to help Democrats in midterms, and more

Trump holds a Make Our Farmers Great Again hat
(Image credit: Alex Wong/Getty Images)

1. White House plans $12 billion to aid farmers hurt by trade war

The Trump administration on Tuesday announced a plan to give farmers hurt by President Trump's trade war up to $12 billion in emergency aid. "The actions today are a firm statement that other nations cannot bully our agricultural producers to force the United States to cave in," Secretary of Agriculture Sonny Perdue said. The plan to help farmers hurt by tariffs imposed by China, Mexico, and other countries on U.S. agricultural imports was unveiled two days before Trump is to visit Iowa, the nation's top soybean producer. The announcement sparked immediate criticism from lawmakers from both parties, and farm groups that argued the aid fell short of farmers' losses. "If tariffs punish farmers, the answer is not welfare for farmers. The answer is remove the tariffs," tweeted Sen. Rand Paul (R-Ky.).

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.