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Trump Administration Announces $16 Billion Farm Aid Plan to Offset Trade War Losses

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According to Reuters, the Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a 10-month trade war with China. The administration added that payment rates to farmers would be determined by where they farm rather than what crops they grow. The package, the bulk of which will be spent on direct payments, surprised growers and traders. Farmers, a key constituency that helped carry U.S.

Added on the 23/05/2019 15:35:26 - Copyright : Wochit

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