Headline Roundup August 28, 2018
Trump Administration to Spend $6 Billion on Bailout for Farmers Affected by Trade Conflict
Summary from the AllSides News Team
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Politico
The Trump administration on Monday detailed how it will dole out $6.3 billion in aid to assist farmers stung by retaliatory tariffs β and itβs already sparking backlash from some sectors where industry leaders say growers wonβt get their fair share.
The Department of Agriculture announced Monday that it will distribute nearly $6 billion to U.S. farmers as a bailout to offset the losses the industry has incurred as a result of President Trumpβs trade negotiations.
The Trump administration pledged to pay farmers $4.7 billion to offset losses from trade disputes with foreign buyers of U.S. agricultural products.