Washington — The Trump administration is considering a significant financial aid package for farmers, according to multiple sources familiar with the discussions. The package could include more than $10 billion in relief.
The White House is focusing on soybean farmers, since they've been hard hit by the Chinese boycott on American soybeans. Discussions about the package are still in early stages, one of the sources said.
The Treasury Department and Agriculture Department are involved in the talks. Top White House economic adviser Kevin Hassett said on CNBC Monday that "we've had numerous meetings over the last week or two" about "what we're going to do" about the hit farmers have taken. He promised the administration would take "big measures" and "those big measures are gonna be public