FILE PHOTO: A farmer drives tractor along a road in Pearl City, Illinois, U.S., July 25, 2018. REUTERS/Joshua Lott

WASHINGTON (Reuters) – The U.S. Department of Agriculture has to date paid out $8.52 billion in direct payments to American farmers as part of the 2018 aid program, designed to offset losses from trade tariffs by China and other trading partners, a spokesman for the agency said.

The Trump administration has pledged up to $12 billion in aid to help offset losses for crops hit by Chinese tariffs imposed in response to Washington’s tariffs on Chinese goods.

Reporting by Humeyra Pamuk; editing by Jonathan Oatis

Our Standards:The Thomson Reuters Trust Principles.
source: reuters.com


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