President Donald Trump announced a $12 billion farm aid package on Monday — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.

He unveiled the plan Monday afternoon at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers and farmers who raise cattle and grow corn, cotton, sorghum, soybeans, rice, wheat, and potatoes.

“$12 billion is a lot of money,” Trump said, adding that the additional aid will help provide certainty for farmers. The money is coming from tariff revenue, he said.

Rollins said that $11 billion is being announced on Monday, while another $1 billion is being held back for specialty crops as the administration works to better understand the circumstances for those farmers. The aid will move by the end of next February, Rollins said.

“We looked at how they were hurt, to what extent they were hurt," Trump said in explaining how the administration came up with the size of the package. “We figured out a very exact number, and it was about $12 billion.”

Farmers have backed Trump politically, but his aggressive trade policies and frequently changing tariff rates have come under increasing scrutiny because of the impact on the agricultural sector and because of broader consumer worries.

The aid is the administration’s latest effort to defend Trump’s economic stewardship and answer voter angst about rising costs — even as the president has dismissed concerns about affordability as a Democratic “hoax.”

Upwards of $11 billion is set aside for the U.S. Department of Agriculture's Farmer Bridge Assistance program, which the White House says will offer one-time payments to farmers for row crops.

Soybeans and sorghum were hit the hardest by the trade dispute with China because more than half of those crops are exported each year with most of the harvest going to China.

Farmers appreciate the aid package, but they say it’s likely only a down payment on what’s needed and government aid doesn’t solve the fundamental problems of soaring costs and uncertain markets.

During Trump’s first term, he gave farmers more than $22 billion in aid payments in 2019 at the start of his trade war with China and nearly $46 billion in 2020, although that year also included aid related to the COVID pandemic.