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WASHINGTON (AP) — President Donald Trump has authorized the Agriculture Department to launch the second and final round of $11 billion in trade mitigation payments to farmers hard hit by tariffs.
In a tweet on Monday, Trump said he is fulfilling a promise to protect farmers against “unjustified trade retaliation by foreign nations.”
The Trump administration in July announced it would provide up to $12 billion to offset losses from Trump’s trade disputes with China and other countries.
The first round of checks went out in September.
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In total, producers of almonds, corn, cotton, dairy, hogs, sorghum, soybeans, fresh sweet cherries and wheat will receive roughly $9.5 billion. Soybean farmers will get the largest share.
Roughly $1.2 billion is earmarked for a food purchase and distribution program and $200 million to promote trade.
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