Trump administration prepares $12 billion aid package for farmers hurt by Trump's tariffs


The Department of Agriculture will provide $12 billion in emergency aid to farmers who have been negatively affected by President Trump's escalating trade war, two sources told The Washington Post.
The plan comes as retaliatory tariffs from China and other countries have slashed profits for farmers who grow soybeans, rice, beef, pork, and other products. Farm groups have criticized Trump for implementing tariffs, saying the fallout could cost them billions of dollars.
The Agriculture Department plans to provide the short-term relief by Labor Day, funding the bailout with direct assistance, trade promotion, and a food purchase and distribution program. The strategy was used during the Great Depression and does not require approval from Congress.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The Trump administration has been looking for a solution to agricultural woes that doesn't involve blinking first in the trade war with China, the Post reports, but a taxpayer-funded bailout could launch a new wave of complaints. Despite the criticism, Trump has continued to tout his tariffs, tweeting on Tuesday that they are the "greatest." Read more at The Washington Post.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Summer Meza has worked at The Week since 2018, serving as a staff writer, a news writer and currently the deputy editor. As a proud news generalist, she edits everything from political punditry and science news to personal finance advice and film reviews. Summer has previously written for Newsweek and the Seattle Post-Intelligencer, covering national politics, transportation and the cannabis industry.
-
The week's best photos
In Pictures A sea of kites, a game of sand hockey, and more
By Anahi Valenzuela, The Week US
-
G20: Viola Davis stars in 'ludicrous' but fun action thriller
The Week Recommends The award-winning actress plays the 'swashbuckling American president' in this newly released Prime Video film
By The Week UK
-
The Masters: Rory McIlroy finally banishes his demons
In the Spotlight McIlroy's grand slam triumph will go down as 'one of the greatest and most courageous victories in the history of golf'
By The Week UK
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
By Peter Weber, The Week US
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
By Justin Klawans, The Week US
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
By Peter Weber, The Week US
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US