Trump Plans Tariff Revenue Aid for US Farmers Amid Trade Impact

President Donald Trump announced plans to use revenue generated from tariffs to provide financial assistance to American farmers impacted by trade levies, particularly those hurt by reduced overseas orders due to tariffs on China, a major buyer of U.S. soybeans and sorghum. Speaking alongside Turkish President Recep Tayyip Erdogan, Trump emphasized that while farmers may face short-term pain, the tariffs will ultimately benefit them, and the government is working on a package to help mitigate the damage. Despite hopes for a rebound, experts warn that lost markets such as China may not fully return, and farmers continue to struggle with rising costs and falling crop prices. Agriculture Secretary Brooke Rollins confirmed the administration is close to announcing a payment plan to support farmers. The exact distribution method and amounts remain unclear, but Trump cited $31 billion raised from tariffs as a funding source to ensure farmers remain financially stable. This move comes amid ongoing concerns from the farming community about the long-term effects of the trade wars and shifting global markets favoring competitors like Brazil.