Updated December 8, 2025 at 4:26 PM EST

The Trump administration announced $12 billion in one-time payments to farmers in the wake of this year's tariff hikes on Monday, primarily targeting farmers who grow crops such as soybeans and corn.

The move was outlined during a White House roundtable event, featuring farmers affected as well as Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins.

Trump touted the program in relation to the revenue the government is taking in as a result of his sweeping tariff program and also referenced his popularity among farmers.

"What we're doing is we're taking a relatively small portion of that, and we're going to be giving and providing it to the farmers in economic assistance. And we love our farmers," he said. "And as you know,

See Full Page