Trump announces $12bn package to aid farmers hurt by his tariffs

Al Jazeera
Al Jazeera
32m ago • 1 views
President Trump has unveiled a $12 billion aid package for farmers affected by tariffs, funded by tariff revenues.
Trump announces $12bn package to aid farmers hurt by his tariffs
A What happened
On December 8, 2025, President Trump announced a $12 billion aid package to support farmers adversely affected by his administration's tariff policies. The funding will be derived from tariffs imposed on trade. During the announcement at the White House, Trump highlighted the significance of farmers to his electoral base, stating, 'We love our farmers.' The aid package includes $11 billion allocated to the Farmer Bridge Assistance program, which aims to assist row crop farmers facing economic hardships due to trade disputes and rising costs. Despite record harvests, farmers have struggled as China has increasingly sourced agricultural products from South America, leading to higher seed and fertilizer prices. The American Soybean Association reported that soya bean farmers are expected to experience their third consecutive year of losses in 2025. The Trump administration has attempted to project a positive outlook, citing an agreement with China for significant purchases of U.S. soya beans, although actual purchases have fallen short of expectations.

Key insights

  • 1

    Funding Source for Aid

    The $12 billion aid package will be funded through revenues generated from tariffs.

  • 2

    Impact on Soya Bean Farmers

    Soya bean farmers are projected to face losses for the third consecutive year due to tariffs and market shifts.

  • 3

    Farmer Support in Elections

    Trump's support among farmers is crucial for his electoral strategy, as highlighted during the announcement.

Takeaways

The aid package reflects the administration's response to the economic challenges faced by farmers due to tariff policies. It underscores the political importance of the agricultural sector in upcoming elections.

Topics

Climate & Environment Agriculture Business & Markets Economy World & Politics Trade & Tariffs