Trump Readies New Round of Aid to Farmers Hit by China Trade War
- Cost of agricultural assistance plan could exceed $15 billion
- Payments said to include $2 per bushel to soybean growers
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The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday, people familiar with the plan said, a package of assistance that could exceed $15 billion.
The aid plan is largely modeled on the program the administration put in place last year after China slapped retaliatory tariffs on U.S. agricultural products, though the payments will be more generous.