President Trump is expected on Monday to announce a $12 billion aid package for American farmers, moving to support a sector that's been hurt by tariffs and a U.S. trade war with China.

A senior administration official told CBS News that Mr. Trump will unveil the plan during a White House event, with Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins expected to join Mr. Trump and several farmers at the announcement.

Roughly $11 billion of the government assistance is set aside for the Department of Agriculture's Farmer Bridge Assistance program, which the White House has said will offer one-time payments to farmers for row crops.

"You've got to start financing for planning next year when things will be very good," Bessent told "Face the Nation" moderator Ma

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