Jordain Carney contributed to this report.

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badsha0025
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Joined: Tue Jan 07, 2025 4:05 am

Jordain Carney contributed to this report.

Post by badsha0025 »

The discussions are an acknowledgment that Republicans inside the administration know Trump’s tariffs could hit the American agriculture sector hard enough to warrant another bailout worth billions — similar to the $28 billion the federal government doled out in 2018. But given the immense scope of Trump’s tariffs, the package this time will likely need to be much bigger, according to GOP lawmakers.

It’s not clear if the administration has that kind of money readily available. The Agriculture Department’s CCC fund is currently running low, and lawmakers will need to approve tens of billions of dollars in additional phone number library aid if the Trump administration wants to tap it during the trade war.


Lead Art: (L-R) US Vice President JD Vance, US Secretary of State Marco Rubio, US Defense Secretary Pete Hegseth and US Agriculture Secretary Brooke Rollins listen as US President Donald Trump announces reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs. | Jim LoScalzo/EPA
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