US President Donald Trump stated that the United States would allocate tariff revenue to farmers on Thursday.
“We’re going to take some of that tariff money that we made, we’re going to give it to our farmers, who are, for a little while, going to be hurt until the tariffs kick into their benefit,” Trump told reporters in the Oval Office.
“So we’re going to make sure that our farmers are in great shape, because we’re taking in a lot of money,” he added.
Trump’s officials expect that Congress will need to approve using tariff revenue for the farm aid plan and are hoping lawmakers will include it in their budget package, due by November 21. This means the aid could start being distributed in early 2026.
The Trump administration has been looking at different ways to fund the aid pac