President Donald Trump has repeatedly promised to protect American farmers, but the recent "trade war" has made the farming industry nervous.
Tuesday, the Trump Administration announced that it is rolling out an additional $12 billion in aid for farmers to help keep them afloat during the trade negotiations.
"The U.S. Department of Agriculture announced Tuesday that it will utilize a Great Depression-era law to send payments to producers of dairy, hogs and certain crops. It will also purchase surpluses of commodities including fruits, nuts, rice, beef, pork and milk and distribute them to food banks and other nutrition programs. And the agency will work with the private sector to develop new export markets for farmers," writes "CNN."
Several farm groups have applauded the decision, saying it's a step in the right direction. But they also warned that as the trade war progresses, the more of a negative impact it could have on the farming industry.
China is the largest market for farmers in the U.S. and Canada and Mexico are also big importers from American farms.Read More