President Trump revealed a $19 billion program on Friday to assist farmers battered by the coronavirus pandemic.
Mr. Trump previously doled out billions of dollars to sustain farmers amidst his trade war with China, where the COVID-19 break out began.
Now, the administration states it will offer $16 billion in direct payments to farmers who have actually been hit by the pandemic. The U.S. Farming Department will also purchase $3 billion worth of farm products to re-distribute to food banks as unemployment claims install and families go starving.
” You have our farmers’ backs,” Agriculture Secretary Sonny Perdue informed Mr. Trump.
Farmers have actually been an essential constituency for Mr. Trump, who deals with reelection in November.
The president regularly hails their resiliency in spite of ripples from his trade war with China. Farmers received over $20 billion from Mr. Trump amidst the disagreement with China in 2019.
A phase-one trade deal struck in January calls for China to buy up to $50 billion in U.S. farm products annually, though it’s unclear if Beijing will have the ability to meet that commitment after the coronavirus emerged in Wuhan, China.
Mr. Trump stated farmer will hang hard.
” They simply do what they have to do,” Mr. Trump stated Friday.
