USDA Announces Support for Farmers Impacted by … Trade Disruption
May 23, 2019 – U.S. Secretary of Agriculture Sonny Perdue today announced that the U.S. Department of Agriculture (USDA) will take several actions to assist farmers in response to trade damage from unjustified retaliation and trade disruption. President Trump directed Secretary Perdue to craft a relief strategy to support American agricultural producers while the administration continues to work on free, fair and reciprocal trade deals to open more markets in the long run to help American farmers compete globally.
Specifically, the president has authorized USDA to provide up to $16 billion in programs, which is in line with the estimated impacts of unjustified retaliatory tariffs on U.S. agricultural goods and other trade disruptions. These programs will assist agricultural producers while President Trump works to address long-standing market access barriers. Read more.