United States President Donald Trump has announced a $12bn aid package to help farmers harmed by his hardline tariff policies .

Trump announced the package at a White House event on Monday, saying the money would come from funds raised by tariffs.

“What we’re doing is we’re is taking a relatively small portion of that, and we’re going to be giving and providing it to the farmers in economic assistance,” Trump said.

Since taking office, Trump has used emergency powers to pursue a sweeping tariff agenda, including imposing reciprocal tariffs on nearly all US trade and escalating a trade war with China.

While Washington and Beijing have since begun to de-escalate some of their tensions, the tit-for-tat has spelt a challenging year for farmers.

Despite record harvests in the US, China

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