Trump's $12 billion farm aid to counter trade-war impact

摘要

The US Department of Agriculture (USDA) unveiled a $12 billion aid strategy for farmers to counter the impact of a trade war with China and retaliatory tariffs on US agricultural goods. The funding will help agricultural producers to meet the costs of tariff-disrupted markets, which the USDA estimated at $11 billion, according to a statement on its website. Any financial support for farmers should stimulate demand for fertilizers and other farm inputs, according to CRU Demand Analyst Rajiv Ram.