Ohio Valley Farmers Unsure About New Trump Trade Aid Payments
Farmers will be paid extra for the soybeans, pork and dairy they produce
The U. S. Department of Agriculture announced Thursday details of a second round of aid totaling $16 billion for farmers affected by the trade war with China. But some Ohio Valley farmers worry about the ongoing consequences of these payments and tariffs.
As with the first round of tariff relief offered last year, farmers will again be paid extra for the soybeans, pork and dairy they produce. But instead of paying farmers a flat rate, USDA officials said these payments will depend on the assessed “trade damage” and the commodity production of each county.
USDA Undersecretary for Farm Production and Conservation Bill Northey said agency economists first will assess the county-level impact of tariffs. “We then divide that by the acres planted within that county, and then have a [payment] no matter which crops you plant,” he said.
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