Yes, really. Here are the receipts.
Trump's trade war brought retaliatory tariffs, leaving farmers reliant on $12B bridge payments. Farm groups say the aid doesn't cover higher fertilizer and equipment costs. With debt at a 15-year high, equipment auctions are rising in Iowa and Nebraska.
The package puts $11 billion into one-time bridge payments for row-crop farmers, with $1 billion held in reserve, funded from tariff revenue. What one Iowa farmer told the president to his face at the White House...
Production costs are outpacing revenue from fertilizer to equipment, debt is climbing, and a farm leader calls it the worst agriculture year since the 1980s. The bankruptcies farmers say are coming next...
Nebraska farm groups say they can't afford to refuse the money — and that it fixes nothing structural about the lost markets. The 60% of exports China used to buy, and where that demand went...