Republicans Pan Trump’s $12 Billion Farm Aid Plan

  • GOP lawmakers’ responses range from ambivalent to outraged
  •  Crop prices rise in anticipation of agricultural aid program

The Trump administration’s decision to deliver $12 billion in aid to farmers hit by a burgeoning trade war was panned Tuesday by Republicans in Congress as not fixing the underlying problem — the White House’s own trade policies.

The planned mix of direct payments to farmers, commodity purchases for food-aid programs, and stepped up promotion of new export markets buoyed markets looking for new sources of demand for U.S. products. The announcement raised futures of soybeans, a crop heavily dependent on trade with China, to their highest price in two weeks, but it didn’t win over skeptics on Capitol Hill, including Republicans from politically important agricultural states…

Republicans Pan Trump’s $12 Billion Farm Aid Plan

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