Trump set to unveil $12 billion farm aid package, Bloomberg News says

Trump set to unveil $12 billion farm aid package, Bloomberg News says

Dec 7 (Reuters) - 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, Bloomberg News said on ‍Sunday, citing a White House official.

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.

(Reporting by Anusha Shah ‌in Bengaluru)

 

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