Trump weighs new $10 to14 billion aid package for farmers

President Trump is reportedly considering another massive aid package for U.S. farmers as trade relations with China remain strained and America’s agricultural industry bears the brunt of those tensions.

According to a report from the Wall Street Journal, the administration is exploring a plan to provide between $10 and $14 billion in new aid to farmers hit hard by tariffs. The proposal would use tariff revenue, the money the U.S. collects from import taxes, to fund the relief effort.

Most of the aid would go to soybean producers, who have suffered the most from China’s trade retaliation, though other sectors of the farm economy would also receive assistance.

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