Washington — The US government will pay American farmers hurt by the trade war with China aid ranging between $15 to $150 per acre starting in August, department of agriculture officials said on Thursday, as part of President Donald Trump’s $16bn support package.

The fresh aid programme would be the second round of assistance for farmers after the department’s $12bn  plan in 2018  to compensate for lower prices for farm goods and lost sales stemming from trade disputes with China and other nations...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now