The federal government will provide $12 billion to U.S. farmers who have been hurt by “unfair market disruption,” President Donald Trump said at a White House roundtable event Monday.
Trump said repeatedly the funding was available thanks to tariff revenues, framing his aggressive trade policy as a boon to farmers rather than a drag on their global market share as critics of the policy suggest.
“I’m delighted to announce this afternoon that the United States will be taking a small portion of the hundreds of billions of dollars we receive in tariffs… and we’re going to be giving and providing it to the farmers in economic assistance,” Trump said.
U.S. Agriculture Secretary Brooke Rollins, though, told reporters following the event that the money came from the department’s Commodity Credi

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