Trump offers farmers an additional $ 4.9 billion in trade relief



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                  President Donald Trump approved aid as a means of easing low commodity prices in his trade disputes | Saul Loeb / AFP / Getty Images </p>
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<p>  The Trump administration announced Monday a second and "latest" round of commercial aids for farmers and ranchers burned by retaliatory measures, including about $ 4.9 billion in payments additional direct to some commodity producers. </p>
<p>  The second batch of Aids to Trade <b> </b>  will apply to the production of corn, soybean, wheat, sorghum, cotton, wheat 39 inshell almonds, sweet cherries, dairy products and hogs, according to the figures of the second half of 2018. The payment rates for each farm property included in the program are unchanged from the first cycle of aid. direct, announced in August, and producers have only to register once to qualify for both sets of payments. </p>
<p class= The Story Continues (19659007) "Today, I am fulfilling my promise to defend our farmers and our ranches. against unjustified commercial retaliation by foreign nations, "said President Donald Trump . "I authorized the secretary [Sonny] lost to implement the second round of market facilitation payments. Our economy is stronger than ever – we support our farmers!

In July, the USDA authorized up to $ 12 billion in assistance to producers facing low commodity prices in Trump's trade disputes. After Trump had imposed tariffs on imports of steel and aluminum and a wide range of Chinese products, other countries imposed retaliatory duties on US agricultural products, such as soybeans and soybeans. pork, reducing demand and lowering prices.

On the trade front, US farmers continue to suffer losses due to unjustified trade retaliation by foreign countries, "said Perdue in a statement. This help will help solve short-term cash flow problems early this year. "[19659010] By registering, you agree to receive e-newsletters or POLITICO alerts, and you can unsubscribe at any time.

The additional commercial relief announced for production in 2018 follows a $ 6.3 billion batch announced by the USDA in August, which included $ 4.7 billion in direct payments, purchases $ 1.2 billion in commodities and $ 200 million in market development efforts.The registration period ends on January 15, but producers have until May to certify their 018.

Farmers and commodity groups complained that public support was insufficient to offset the financial impact of the government's pricing policies. consider not new Commercial support for 2019 production, Department officials said.

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