According to a White House Official who provided a statement to CNN, current President Donald Trump has plans to announce a farm aid package worth around $12 billion at a roundtable discussion today.
This roundtable is expected to have Agriculture Secretary Brooke Rollins, Treasury Secretary Scott Bessent, and the farmers of major products like cattle, corn, rice, and potatoes, to name a few, in attendance. The roundtable is scheduled to begin at 2 p.m. ET at the White House.
Agriculture Secretary Brooke Rollins has been vocal about the plans of the administration for farming and agriculture. Rollins has claimed that it is not the tariffs imposed by Trump that are causing farmers to need aid, but rather that farmers are still recovering from the polices of the Biden administration, and that is why they need the aid package.
Rollins gave this statement regarding the situation: “What you’ve been able to do is open those markets up and again, move toward an era where our farmers are not so reliant on government checks, but have the markets to sell their product. Having said that, we do have a bridge payment we’ll be announcing with you next week, as we’re still trying to recover from the Biden years.”
Rollins also gave the following statement regarding the aid package and how it shows where the President’s commitments lie: “The president’s commitment of a ‘golden age’ for rural America, for our American farmers and workers, is just around the corner, but he has been very clear … that there could be a time of uncertainty, especially for our farmers and ranchers, and it’s clear we’re in that time of uncertainty now.”
Hopefully, this aid package will help farmers deal with costs imposed by the tariffs as well as help them recover after the catastrophic damage the COVID-19 pandemic and lockdown did to their assets.
