Donald Trump announced on Monday $12bn in economic assistance to farmers, which he said would be drawn from tariff revenue.

“This relief will provide much-needed certainty to farmers as they get this year’s harvest to market and look ahead to next year’s crops, and it’ll help them continue their efforts to lower food prices for American families,” Trump said during a roundtable discussion of American agriculture.

He made the announcement while decrying the protectionist agricultural policies of other countries.

“The farmers don’t want aid. They want a level playing field,” he said. “We’re going to make the farmers so strong … that it will be a golden age for farmers.”

The program will send $11bn in one-time payments to row-crop farmers in bridge payments, while remaining funds will g

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