Government aid is coming to U.S. farmers hit by tariff losses, but it probably won’t be enough
Government aid is coming to U.S. farmers hit by tariff losses, but it probably won’t be enough
U.S. farmers who are caught up in the wider U.S., China and Mexico trade disputes are expected to get details today on a $12 billion aid package to help offset the effects of retaliatory tariffs.
Farmers have been watching prices drop for milk, wheat, soybeans and more, and they don’t even know how to calculate the total losses.
The government’s compensation of $12 billion sounds like a lot, but is it?
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