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WHITE HOUSE APPROVES TRADE AID 2.0, PAYMENTS EXPECTED NEXT MONTH
Jul. 16, 2019
Agri-Pulse reports:
American farmers that are still being hurt by Chinese tariffs in an ongoing trade war are a step closer to getting more federal assistance now. The White House Office of Management and Budget recently "finished its review of the Market Facilitation Program, the direct payment aspect of $16 billion in new trade assistance.
"So, I'm going to give the farmers - we're going to help them out because they are great patriots," President Trump said Monday. "We're going to give them $16 billion. And we just did. Been approved ... And I approved it."
Bill Northey, USDA's undersecretary for farm production and conservation programs, says qualified farmers could start getting those payments next month. But for now, what producers really want to know are the payment rates and other details, says David Salmonsen of the American Farm Bureau Federation.
"Everybody is looking to see what kind of guidelines they're going to be putting out and ... there'll be plenty more commentary on that once we see it," he told Agri-Pulse.
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