Trump administration announces $12 billion in one-time payments to farmers
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Trump Announces $12 Billion Aid Package for Tariff-Hit Farmers
Trump Announces $12 Billion Aid Package for Tariff-Hit Farmers
Above: **Watermarked Getty Image. Kindly Replace** U.S. President Donald Trump participates in a roundtable discussion with farmers and lawmakers in the Cabinet Room of the White House on Monday in Washington, DC. Image credit: Alex Wong/Getty Images
The Spin
Trump's tariffs created a crisis for farmers by driving up fertilizer costs, destroying export markets, and forcing taxpayers to fund a $12 billion bailout that won't even cover the $44 billion industry loss. This arbitrary protectionist policy amounts to central planning that picks winners through flattery and rent-seeking, while leaving farmers worse off than before the trade war started.
Biden's economy devastated American agriculture with crushing input costs and brutal interest rates, leaving the smallest cattle herd in 75 years. Trump's $12 billion assistance program bridges the gap between Biden's failures and successful new policies that are already bringing prices down and rebuilding confidence across the farming sector.
Metaculus Prediction
There is a 50% chance that 21% of U.S. Farms will be reported to have used precision agriculture for crops or livestock by August 2027, according to the Metaculus prediction community.
The Controversies
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© 2025 Improve the News Foundation. All rights reserved.Version 6.18.0
© 2025 Improve the News Foundation.
All rights reserved.
Version 6.18.0