President Donald Trump said Thursday that he plans to use a portion of incoming tariff revenue to provide direct relief to U.S. farmers.
Trump’s trade wars and lingering effects from Russia’s war in Ukraine have seen agricultural inputs, ranging from fertilizer to machinery, jump significantly in recent years. Furthermore, agriculture remains a particular sticking point in trade talks between Washington and Beijing, with China canceling all orders of U.S. soybeans just a few weeks ago.
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