As the trade war between China and the United States continues, it is likely that American citizens and businesses will feel at least some of the pain that the tariffs were meant to inflict. And, the war may go on for some time. It will take a while to undo decades of American exploitation.
Because of this, the Donald Trump White House and various executive agencies are stepping in to help those impacted by the tariffs. On Tuesday, the United States Department of Agriculture announced that it would be providing a $12 billion relief package for farmers in need of emergency aid due to the ongoing tariff struggles. This crucial ’emergency aid’ could very well keep vital farms afloat during these hard times.
Some time ago, as the trade war began to heat up, President Trump ordered Agriculture Secretary Sonny Perdue to prepare a range of several options for helping the farmers and others who might encounter issues due to the tariffs.
Now, it appears that they have settled on a $12 billion aid package, which will be disbursed through three mechanisms, all of which are run by the Department of Agriculture.