The Agriculture Department will begin distributing another round of tariff relief payments next week to farmers and ranchers burned by President Trump’s trade war
“This second tranche of 2019 [Market Facilitation Program] payments, along with already provided disaster assistance, will give farmers, who have had a tough year due to unfair trade retaliation and natural disasters, much needed funds in time for Thanksgiving,” USDA Secretary Sonny Perdue said in a statement. Perdue last week had flagged that theSeveral members of the Trump administration have said in recent days that the U.S.
and China are closing in on a partial trade deal that would include huge Chinese purchases of American farm goods. A possible third and final round of 2019 payments “will be evaluated as market conditions and trade opportunities dictate,” the department said in itsPerdue hasn’t ruled out yet another trade relief program for 2020 production, but he suggested that an agreement with China would preclude the need for an additional taxpayer bailout.
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