United States to Offer Multibillion-Dollar Bailout for American Farmers

[newspostng]

BOOK INTERNATIONAL FLIGHTS TICKETS LOCAL FLIGHTS HOTELS BOOKINGS WORLDWIDE AND MORE AT CHEAPEST RATE EVER! CLICK HERE TO BOOK YOUR FLIGHT AND RECEIVE YOUR FLIGHT TICKET INSTANTLY

Loading...

American farmers will receive up to $12 billion in emergency relief as compensation for expected financial losses caused by the trade policies of President Donald Trump.

The direct assistance, announced Tuesday by the Department of Agriculture, comes amid tariffs imposed by the Trump administration and retaliatory measures of other countries that are expected to cost U.S. food producers billions of dollars.

“The actions today are a firm statement that other nations cannot bully our agricultural producers to force the United States to cave in,” agriculture Secretary Sonny Perdue told reporters during a conference call announcing the program. “This administration will not stand by while our hardworking agricultural producers bear the brunt of unfriendly and illegal tariffs.”

White House officials contend the tariffs inflict some necessary minor, domestic short-term pain in order to achieve long-term large gains for the U.S. economy.