Trump gives American farmers $12 billion boost to overcome inflation, trade wars
President Donald Trump, Agriculture Secretary Brooke Rollins. Photo by Mark Wilson/Getty Images
“Farmers suffered for years under Joe Biden, who increased the United States’ trade deficit to over $1.2 trillion, raised input costs, pushed woke DEI agricultural policies, and more,” White House spokesperson Anna Kelly said in a statement provided to Blaze News.
“In contrast, President Trump is helping our agriculture industry by negotiating new trade deals to open new export markets for our farmers and boosting the farm safety net for the first time in a decade,” Kelly continued. “Today’s announcement reflects the president’s commitment to helping our farmers, who will have the support they need to bridge the gap between Biden’s failures and the president’s successful policies taking effect.”
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Photo by Scott Olson/Getty Images
China, the world’s largest soybean buyer, briefly boycotted American soybean farmers amid the ongoing trade war. In October, China agreed to resume purchases. Trump previously stated that China had plans to buy “tremendous amounts of soybeans and other farm products immediately.”
Last week, Rollins applauded Trump for reducing red tape for farmers.
“President Trump is cutting burdensome regulations and strengthening the farm safety net to ensure the future viability of American agriculture,” Rollins said. “Across the Trump administration, we are removing burdensome regulations that were strangling small businesses. For every new regulation, President Trump has eliminated a remarkable 48 — lifting a weighted blanket from the American economy.”
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