WASHINGTON — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to total $15 billion to $20 billion and involve direct payments, the agriculture secretary said Wednesday.The U.S. Department of Agriculture still is finalizing the plan, which likely will prioritize hog and soybean farmers, the products most affected by the trade dispute between China and the United States, Agriculture Secretary Sonny Perdue and industry sources briefed on the plan said.The world’s two largest economies have been embroiled in a 10-month trade war that has cost billions, roiled global supply chains and rattled financial markets.

Sections:  u.s.   
Topics:  Iowa   Linn County   Cedar Rapids   
RELATED ARTICLES
BING NEWS:
  • Here’s How Johnson’s Jigsaw Puzzle of a Foreign Aid Plan Would Work
    The speaker, facing resistance from fellow Republicans, has devised a strategy for steering aid to Ukraine and Israel through the House. The key vote will take place before any of it hits the floor.
    04/18/2024 - 10:30 am | View Link
  • House’s Ukraine, Israel aid package gains Biden's support as Speaker Johnson fights to keep his job
    Biden said Wednesday he strongly supports a proposal from the Republican House Speaker to provide aid to Ukraine, Israel and Taiwan.
    04/18/2024 - 5:09 am | View Link
  • New York AG pushes back on Trump's 'extraordinary' request to stay $464M fraud judgment
    Trump's lawyers say he is unable to secure a bond for the judgment. New York Attorney General Letitia James is pushing back on Donald Trump's "extraordinary" request for a stay of his $464 million ...
    03/20/2024 - 1:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News