The White House has rolled out a sweeping $12 billion rescue package aimed at supporting American farmers hit by fallout from a renewed trade confrontation with China.
Under the plan, subsidies and relief payments will go to growers whose exports were disrupted by Beijing’s retaliatory tariffs. Officials hope the aid will stabilize farm income and cushion the blow for industries like grains, soybeans and livestock — sectors that rely heavily on foreign demand.
While the rescue package is intended to shore up agriculture amid global trade tensions, some farm-state lawmakers warn the measure may not fully compensate for long-term export losses, and say uncertainty remains over how long the aid — and the trade disruptions — will last.