NEWSMAX
Trump Admin Bailout for Farmers Expected This Week
Monday, 06 October 2025 06:00 PM EDT
WASHINGTON (Reuters) — The Trump administration is expected to announce a plan as soon as Tuesday to bail out farmers in the U.S. stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion, according to sources familiar with the matter.
The plan, however, could be difficult to roll out as the partial government shutdown prevents the kind of congressional action needed to approve such a large payout and government reserves fall short, the sources said.
Farmers generally support President Donald Trump but have pressed his administration for trade deals as China continues to spurn U.S. soybean purchases amid tit-for-tat tariffs, and a record corn harvest threatens to sink farmer profits.
Republican lawmakers have warned farmers face "financial calamity" if they do not receive aid by the end of the year.
Treasury Secretary Scott Bessent said last week that the White House would announce aid for farmers on Tuesday.
Three sources told Reuters they expected the administration to announce the package this week.
One of the sources said the bailout would total between $10 billion and $15 billion, and would be a necessary bridge to get farmers through the harvest months and could be followed by more aid.
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READ MORE: https://www.newsmax.com/newsfront/donald-trump-farmers-tariffs/2025/10/06/id/1229262/
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Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
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