Farmers affected by tariffs could be receiving a federal payout. President Trump announced his plan on Truth Social recently, stating; “We’ve made so much money on tariffs, that we are going to take a small portion of that money, and help our farmers.”
Many of them rely on imports like fertilizer ingredients, machinery, fuel and pesticides to grow their crops.
The 10% blanket tariff on imported goods has increased costs while damaging the trade relationships farmers rely on to export their products.
“There is now being discussed a bailout for farmers who have been hurt by these tariffs, but farmers will always tell you first and foremost that they don't want a bailout,” Jennifer Fahy, Farm Aid Co-Executive Director, said. “They want to earn a fair price and they make that possible by cu