Marketplace®

Daily business news and economic stories

Trump administration details aid for farmers hurt by tariffs

The Trump administration announced details today of a $12 billion aid package for farmers hurt by the trade war. Retaliatory tariffs imposed by China and other countries have hit soybean producers especially hard, with prices falling about $2 a bushel this summer. The aid package includes help for soybean, wheat and corn farmers, and dairy […]

Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois.
Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois.
NOVA SAFO/AFP/Getty Images

The Trump administration announced details today of a $12 billion aid package for farmers hurt by the trade war. Retaliatory tariffs imposed by China and other countries have hit soybean producers especially hard, with prices falling about $2 a bushel this summer. The aid package includes help for soybean, wheat and corn farmers, and dairy and pork producers. The aid package includes cash payments for farmers, government food purchases and stepped-up marketing overseas.

Click the audio player above to hear the full story. 

Related Topics

Latest Episodes

View All Shows
  • Make Me Smart
    15 hours ago
    25:50
  • Marketplace
    15 hours ago
    26:21
  • How We Survive
    17 hours ago
    25:04
  • This Is Uncomfortable
    21 hours ago
    26:12
  • Marketplace Morning Report
    a day ago
    7:01
  • Marketplace Tech
    a day ago
    10:55
  • Million Bazillion
    2 days ago
    7:35
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58