Trump plans a 10.300 billion euro bailout for U.S. farmers

U.S. President Donald Trump plans to announce a rescue package worth $12 billion (approximately €10.3 billion) for the country's farmers, who are suffering the consequences of the White House's tariff policy, local media reported on Monday. The president will give more details on this matter later today at the White House during a roundtable with Treasury Secretary Scott Bessent and U.S. farmers. The plan, designed over the past few months, is presented on the eve of 2026, the year in which midterm elections will be held and Trump needs the support of the rural world to maintain the Republican majority in Congress. According to The Wall Street Journal, most of the aid, amounting to $11 billion, will be distributed through one-time payments from the Farmer Bridge Assistance program. The remaining $1 billion, the newspaper adds, will be allocated to basic products not covered in the assistance program. This 2025 has been a particularly difficult year for the U.S. agricultural ...