Southern Crop

Southern Crop

White House Readies Plan for $12 Billion in Emergency Aid to Farmers Caught in Trump’s Escalating Trade War

The Trump administration on Tuesday announced up to $12 billion in emergency aid to farmers caught in an escalating trade war, seeking to temper growing Republican dissent over President Trump’s trade policies.

 

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“Without strong commodity and crop insurance policies underpinning U.S. agriculture, lenders would be reluctant to provide financing to an industry operating at the mercy of weather extremes and volatile global market prices,” says Ron Craft, chairman of the National Cotton Council.   Read more

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