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Trump Announces $12 Billion Aid Package for Tariff-Hit Farmers

Trump Announces $12 Billion Aid Package for Tariff-Hit Farmers

Trump Announces $12 Billion Aid Package for Tariff-Hit Farmers
Above: A roundtable discussion with farmers and lawmakers in the White House on Dec. 8, 2025. Image credit: Alex Wong/Getty Images

The Spin

Trump's tariffs created a crisis for farmers by driving up 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, leaving farmers worse off than before.

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.

ThereTrump's istariffs created a 50%crisis chancefor thatfarmers 21%by ofdriving U.S.up Farmscosts, willdestroying beexport reportedmarkets, and forcing taxpayers to havefund useda precision$12 agriculturebillion forbailout cropsthat orwon't livestockeven bycover Augustthe 2027,$44 accordingbillion industry loss. This arbitrary protectionist policy amounts to thecentral Metaculusplanning predictionthat communitypicks winners through flattery and rent-seeking, leaving farmers worse off than before.

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 at least 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.


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All rights reserved.

Version 6.18.0