Latest Breaking News
Showing Original Post only (View all)WH readies plan to extend about $12 billion in emergency aid to farmers caught in Trump's... [View all]
Source: The Washington Post
White House readies plan to extend about $12 billion in emergency aid to farmers caught in Trumps escalating trade war
By Washington Post Staff
July 24 at 10:39 AM
An announcement could come as soon as Tuesday, according to two people briefed on the matter. This is the latest sign that growing tensions between the United States and other countries will not end soon.
Farm groups have complained that Trumps tariffs on foreign imports have led other countries to retaliate with tariffs on U.S. products, jeopardizing farmers overseas sales of soybeans and other crops.
Under the White House plan, the money will be disbursed in at least three ways, coming through direct assistance, a food purchase and distribution program, and a trade promotion program.
This is a developing story. It will be updated.
Read more: https://www.washingtonpost.com/news/politics/wp/2018/07/24/white-house-readies-plan-to-extend-about-12-billion-in-emergency-aid-to-farmers-caught-in-trumps-escalating-trade-war/