US to announce $12 billion farm aid package
White House prepares support for growers facing low prices
The United States is set to unveil a long-awaited farm aid package on Monday, offering assistance of $12 billion to farmers hit by low crop prices and tariff policies, Reuters reported, citing a Bloomberg News report and a White House official on Sunday.
President Donald Trump plans to announce the package during an event attended by farmers, alongside Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, the agency said.
Growers of cattle and crops from grains to soybeans, cotton and potatoes will attend the event.
Reuters could not immediately verify the report.