Trump to Unveil $12 Billion in Long-Awaited Farm Aid Program [View all]

Source: Bloomberg

December 7, 2025 at 10:11 PM EST
Updated on December 7, 2025 at 11:22 PM EST


The Trump administration on Monday plans to unveil a long-awaited farm aid package, according to a White House official, offering $12 billion in assistance to a key base of support hit hard by low crop prices and the impact of the president’s tariff policies.

The aid will include up to $11 billion in one-time payments to crop farmers under the Department of Agriculture’s newly designed Farmer Bridge Assistance program, while the remaining is reserved for crops not covered under the FBA, according to the official, who asked not to be identified as the information isn’t public.

The aid comes amid rising frustration among farmers on the slow pace of Chinese purchases, which Beijing clamped down on earlier this year in retaliation for Trump’s escalating tariff barrage.

President Donald Trump plans to announce the package around 2 p.m. in Washington during an event with corn, cotton, sorghum, soybean, rice, cattle, wheat and potato farmers, alongside Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, according to the official.

Read more: https://www.bloomberg.com/news/articles/2025-12-08/trump-set-to-unveil-12-billion-aid-for-farmers-hit-by-trade-war?srnd=homepage-americas