The Trump administration has unveiled a 12
billion-dollar plan to help American farmers hit by President Trump’s widening trade war
with other countries. Agriculture Secretary Sonny Perdue said Tuesday
the emergency aid package will help mitigate losses incurred by what he called “illegal
tariffs” on American agriculture exports. Several countries have imposed heavy duties
on U.S. goods in retaliation to President Trump’s series of tariffs. These retaliatory tariffs have especially
taken its toll on soybean growers. The 12 billion-dollar bailout plan includes
providing subsidies to farmers and buying unsold crop. However, the plan was denounced by some Republicans
who said it will distort the agriculture industry by damaging long-term demand.