Trump administration announcing $12 billion in one-time payments to farmers
The Trump administration is announcing $12 billion in one-time payments to farmers in the wake of this year’s tariff hikes, according to the White House.
The payments are targeted at row crop farmers and will be announced during a roundtable event hosted by President Trump Monday, featuring farmers affected, Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, said a White House official speaking on background because they were not authorized to speak on the record.
The move comes as the administration looks to placate economic concerns from key Trump constituencies as the tariff effects play out but also on the heels of a trying few years for row crop farmers.
“President Trump is helping our agriculture industry by negotiating new trade deals to open new export markets for our farmers and boosting the farm safety net for the first time in a decade. Today’s announcement reflects the President’s commitment to helping our farmers, who will have the support they need to bridge the gap between Biden’s failures and the President’s successful policies taking effect,” said White House spokeswoman Anna Kelly.
The money will be coming from the USDA’s Commodity Credit Corporation, which Trump also used to give farmers economic aid in his first term.
This is a developing story and will be updated.
On her new album, Kacey Musgraves returns home, to the ‘Middle of Nowhere’
Before making her upcoming sixth album, the country star returned to her small-town Texas home and discovered the power of in-between spaces. "I found a lot of clarity there," she says.
How the Iran war is disrupting air travel — and advice if you’re planning a trip
The war in Iran is roiling jet fuel prices and airlines are beginning to hike prices, unsettling travelers far from the Middle East. If you're booking a flight soon, here are things to know.
ChatGPT might give you bad medical advice, studies warn
New research finds AI can point people in the wrong direction. And the quality of health information it imparts depends on how well you prompt the tools.
Greetings from a Shanghai temple where you can ward off bad luck in the Year of the Horse
According to Chinese mythology, those born in the Year of the Horse will clash with Tai Sui, a heavenly general. Luckily, there are ways to appease Tai Sui, including amulets at Shanghai's Jade Buddha Temple.
Countries agree to historic release of stockpiled oil to ease the global disruption
Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in an attempt to counter the disruption in oil trade triggered by the Iran war.
The 2026 Oscars’ best original song nominees, cruelly ranked
There are two clear frontrunners in this year's best original song race, either of which would be a worthy Oscar winner. Diane Warren is also nominated, for the 17th time.
