President Donald Trump is set to announce a $12 billion aid package for American farmers on Monday, a White House official confirmed to ABC News. The package is set to include $11 billion in one-time payments to crop farmers through a new Department of Agriculture bridge payment program. The remaining funds will then go to other crops not covered by that program. The long-promised aid package is intended to provide relief to farmers who have been hurt directly by Trump's trade policies, including his global tariffs. The news of the aid package announcement was first reported by Bloomberg . A White House official confirmed that Trump will announce the package at an event with farmers at the White House on Monday afternoon. Impact of tariffs on farmers The aid package comes as the U.S.-China
Trump to announce $12 billion bailout plan for farmers, White House official says
ABC News2 hrs ago
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