Daily Caller

Trump Authorizes $16 Billion To Farmers Affected By Trade War

Mary Margaret Olohan on May 23, 2019

President Donald Trump authorized the Department of Agriculture (USDA) Thursday to give $16 billion to U.S. farmers suffering from Chinese tariffs, saying that his administration is fighting for farmers “on every front.”

The White House outlined programs intended to help farmers while giving the president time to work out a beneficial trade deal with China. The funding is intended to help farmers hurt by China’s “unjustified trade retaliation,” according to a White House press release.

“On every front, we are fighting for our great farmers, our ranchers, our growers,” Trump said in a statement Thursday.

Trump’s plan calls for $14.5 billion of the relief funds to be given to producers in three separate allocations through the Market Facilitation Program. Another $1.4 billion of the funds goes to the Food Purchase and Distribution Program in order to purchase surplus commodities and give to groups such as schools and food banks. The plan also allocates $100 million to American producers’ export markets through the Agricultural Trade Promotion Program.

“All of us are hopeful of a renewed or signing of fair trade deal,” Agriculture Secretary Sonny Perdue said to reporters, according to The Washington Post. “I can’t recall a president more concerned about farmer well-being. We are working hard to assess trade damages and this package ensures farmers will not bear the brunt.”

This is the second time Trump has provided relief in this way, the publication reported. The Trump administration also allocated $12 billion in funds to farmers in July 2018.

Follow Mary Margaret on Twitter.

Daily Caller

DCwire features investigative reporting syndicated with permission from the Daily Caller News Foundation.

View Comments

Recent Posts

New January 6 Capitol Riot Security Videos Show Pelosi’s Daughter Filming Evacuation For Documentary

Newly released January 6th security footage at the Capitol shows Nancy Pelosi's daughter continuing to…

21 hours ago

Jen Psaki Claims Republicans ‘Comfortable’ With Biden Because He’s an Old White Guy

Former White House press secretary Jen Psaki argued that many Republicans are actually "comfortable" with…

22 hours ago

Federal Agents Seize Ton of Fentanyl in Arizona, Enough to Kill 453 Million People

By Bethany Blankley (The Center Square) With an unknown volume of fentanyl and other drugs…

23 hours ago

Alabama Governor Kay Ivey Corrects Woke ESPN: I Banned ‘Biological Men’ From Women’s Sports, Not ‘Transgender Women’

Alabama Governor Kay Ivey roasted the former sports network ESPN with a tweet correcting their…

23 hours ago

More States Move to Ban Chinese Purchase of Farmland

By Kim Jarrett (The Center Square) Several states have already banned or are considering banning…

1 day ago

Trump Brutalizes Chris Christie for Running Against Him in 2024: ‘What’s The Purpose?’

Donald Trump taunted his GOP rivals for being so far behind in the polls and…

1 day ago