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Trump to Give Farmers Aid, but Farmers Aren't Thrilled

'They want trade, not aid,' says lawmaker of $12B in emergency relief amid tariff disputes
By John Johnson,  Newser Staff
Posted Jul 24, 2018 2:01 PM CDT
A grain salesman shows locally grown soybeans in Ohio.   (AP Photo/John Minchillo, File)

(Newser) – President Trump showed off a new campaign hat on Monday—it's green with yellow letters, reminiscent of the John Deere logo, and it reads "Make Our Farmers Great Again," notes Politico. (See Agriculture Secretary Sonny Perdue sporting one here.) The message is a calculated one as the White House seeks to ease farmers' concerns that a US trade war will hit them hard. On Tuesday, the White House put the word out that its efforts will go well beyond hats, however—it's rolling out $12 billion in emergency aid to farmers, especially those dealing with dairy, pork, and soybeans, reports CNBC. Details:

  • The money: It will come partly from a program set up in the Depression to help farmers called the Commodity Credit Corporation, reports the Washington Post. Because it's an existing program, congressional approval isn't necessary. Trump had asked Perdue to explore options months ago, and more details are still to be released.
  • Short-term: Perdue said the "one-time" program would help farmers dealing with "illegal retaliation" to US tariffs, reports the Wall Street Journal. “This is a short-term solution that will give President Trump and his administration time to work on long-term trade deals."

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