This Outlet Went Nuts Over the Trump White House Wishing Americans a Merry...
Brigitte Bardot Was Right About Islam
Iconic French Actress and Activist Brigitte Bardot Dead at 91
2026: The Elevation Principle
A Quick Bible Study Vol. 300: Praise God for 300! It Began Because...
Here's What Happened at Trump's Russia-Ukraine Peace Deal Presser
Justice Department Reaches Proposed Settlement With Blackstone-Owned LivCor in Rent-Price...
FBI Teases Denaturalizing, Deporting Eligible Minnesota Fraudsters
Alleged MS-13 Member Released by Activist Judge Becomes a TikToker
Five Indicted on Federal Gun Trafficking Charges in Chicago
Florida Man Wielding Salvation Army Donation Kettle Attacks Store Manager
Social Media Exposé Draws Global Attention While Minnesota Media Look Away
Three Honduran Nationals Sentenced in Multi-State Bank Fraud Conspiracy
Iranian President: 'We Are in a Full-Scale War' With the West
Minnesota Gov. Tim Walz Posts Picture of Cat After Billions of Fraud Exposed
Tipsheet

President Trump Announces $12B in Farm Subsidies

AP Photo/Manuel Balce Ceneta

President Trump, Treasury Secretary Scott Bessent, and Agriculture Secretary Brooke Rollins unveiled today a $12 billion aid package targeting U.S. farmers who have struggled with low crop prices, rising costs, and trade tensions with nations like China.

Advertisement

Here's more from the Associated Press:

The aid is the administration’s latest effort to defend Trump’s economic stewardship and answer voter angst about rising costs — even as the president has dismissed concerns about affordability as a Democratic “hoax.”

Upwards of $11 billion is set aside for the U.S. Department of Agriculture’s Farmer Bridge Assistance program, which the White House says will offer one-time payments to farmers for row crops.

The $11 billion will focus on row-crop farmers (e.g., those who grow corn, soybeans, wheat, cotton, and rice), while the remaining $1 billion will focus on other crops like fruit and specialty crops, and livestock farmers.

Amid falling export demand with China and other nations, farmers and Republican legislators are looking to "support farmers with purchases of seeds, fertilizer, and other expenses for next year's growing season," according to Reuters.

The announcement came at a White House Roundtable event today.

Advertisement

At the Roundtable today, President Trump blamed Democrats for the affordability crisis and inflation. Members of the farming community joined him, along with Secretary Rollins and Secretary Bessent.

"We inherited a total mess from the Biden administration," the President said. "The highest inflation in the country's history, and very, very high prices. And prices are coming down."

The President also said this aid package will help farmers "continue their efforts to lower food prices for American families."

Secretary Brook Rollins also pointed out the Biden administration's skewed priorities. "We have fought to bring input costs down," Rollins said. "Having said that, and we have been listening to the farmers...the bridge that is needed to get from the last administration...to this new golden age for farmers...that this bridge is absolutely necessary based on where we are right now."

Advertisement

The funding will be moved by February 28, 2026, and by the end of December, farmers will know what their funding looks like, Rollins added.

Secretary Bessent told the Roundtable, "This group represents an American way of life that has fed our nation and its spirit for hundreds of years." He said the Trump administration is focused on ushering in that golden age for farmers. "This serves as a liquidity bridge during a period of adjustment," Bessent added.

Bessent also announced that Chinese President Xi is reopening China to American exports, such as soybeans and sorghum. "Under this framework, China committed to purchase at least 12 million metric tons of U.S. soybeans this growing season, followed by a minimum of 25 million tons annually," Bessent said.

Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.

Help us continue to report on the president’s economic successes and combat the lies of the Democrats. Join Townhall VIP and use promo code FIGHT to get 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement