Trump picked up the hot potato – and it looks like he got burned this time

At the same time, against the backdrop of the trade war, President Trump announced a $12 billion aid package for American farmers struggling with the consequences of the economic war. The aid is intended to compensate farmers affected by the Chinese boycott of American agricultural products, in retaliation for the imposition of tariffs by the United States. China, which was the largest buyer of American crops such as soybeans, stopped these purchases. Most of the aid money will come from a program of the Department of Agriculture and will be distributed to producers of corn, cotton, sorghum, soybeans, rice, wheat and other field crops. Trump claimed that the money constitutes A small part of the revenue comes from tariffs, but in practice, the tariffs are the main reason for the need for this economic support.