The Trump administration has announced more than 15 billion dollars in support for American farmers.
The Trump administration has announced more than 15 billion dollars in support for American farmers.
Most of the money will go to payments for farmers hit by rising diesel costs, guaranteed loans, conservation programs and fertilizer production, according to the announcement. It comes days before Tuesday's midterm elections.
Farmers welcomed the help but called it temporary, saying it does not fix the underlying rise in their costs. The package is part of a pre-election push to shore up rural support as the administration faces voters.
For the rest of the world, the move matters because US farm policy shapes global food prices: when Washington subsidizes its farmers, it also shapes what American grain and soy cost on world markets.
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