Recall that to mitigate the damage to U.S. agriculture caused by our current tariff disputes, President Trump promised to give affected farmers $12 billion.
The USDA has now set up its Trade Mitigation Programs. As seems invariably to be the case, these are not simple; they involve three separate programs:
The Food Purchase and Distribution Program
The Market Facilitation Program
The Agricultural Trade Promotion Program
Food Purchase and Distribution Program
The government (taxpayers) will purchase up to $1.2 billion in commodities and then distribute them to food assistance programs.
USDA issued a list. Here are some selected examples, to which you must add three zeros (amounts are in $1000s):
Recall that to mitigate the damage to U.S. agriculture caused by our current tariff disputes, President Trump promised to give affected farmers $12 billion.
The USDA has now set up its Trade Mitigation Programs. As seems invariably to be the case, these are not simple; they involve three separate programs:
The Food Purchase and Distribution Program
The Market Facilitation Program
The Agricultural Trade Promotion Program
Food Purchase and Distribution Program
The government (taxpayers) will purchase up to $1.2 billion in commodities and then distribute them to food assistance programs.
USDA issued a list. Here are some selected examples, to which you must add three zeros (amounts are in $1000s):