What have you always wondered about the economy? Tell us

Government aid is coming to U.S. farmers hit by tariff losses, but it probably won’t be enough

Reema Khrais Aug 27, 2018
HTML EMBED:
COPY
A farmer collects stray ears of corn while harvesting the crop in 2014 in Polk, Nebraska. Andrew Burton/Getty Images

Government aid is coming to U.S. farmers hit by tariff losses, but it probably won’t be enough

Reema Khrais Aug 27, 2018
A farmer collects stray ears of corn while harvesting the crop in 2014 in Polk, Nebraska. Andrew Burton/Getty Images
HTML EMBED:
COPY

U.S. farmers who are caught up in the wider U.S., China and Mexico trade disputes are expected to get details today on a $12 billion aid package to help offset the effects of retaliatory tariffs.

Farmers have been watching prices drop for milk, wheat, soybeans and more, and they don’t even know how to calculate the total losses.  

The government’s compensation of $12 billion sounds like a lot, but is it?

Click the audio player above to hear the full story. 

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.