USDA Makin Plans for Tariff Related Economic Relief

With many agriculture groups fearing further economic hardship in the agriculture sector. USA, Secretary of Agriculture, Brooke Rollins, in a recent CNN interview, says that her agency is getting things put into place in order to provide economic relief to farmers who will be hurt by the Trump administration's tariff strategy.

“Our farming and our farmers and ranchers are hurting. They are operating at profits of margins of profit that are thinner than they have in a really long time due to the policies of the last four years. But to Senator Tillis point, we have to be prepared that if there is longer term damage, and this President has been very focused on this, and I've been saying it pretty much ad nauseam for the last 50 days, since I've been in office, is that we will make sure that we have the funds in working with the senators and working with the appropriators, that we can do what we did last time, which I think Secretary Perdue last time, spent about 25 to $28 billion to mitigate some of the fallout from the last tariffs for the short term the long term, the tariffs worked. I mean, the the research shows that we had a increase in productivity, increase in jobs, etc, until, frankly, the Biden administration stopped enforcing some of those the deal once we left office in 2021.”

She said, although they are prepared, they are months away from making any payments.