President Trump is set to announce a $12 billion aid package for American farmers to mitigate losses from tariffs and the trade war with China. The plan includes $11 billion for one-time payments to farmers through the Farmer Bridge Assistance program. The aid comes after China’s boycott of U.S. soybeans, impacting farmers’ profits. Despite a trade agreement with China, U.S. farmers continue to face challenges amidst falling crop prices.
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