President Donald Trump is valuing the granting of financial aid between $ 10 billion and $ 14 billion for US farmers, who face economic difficulties arising from the tariffs imposed in the trade war with China. The information is from Wall Street Journal.
The idea is to use the revenue generated by tariffs to finance the aid package, which can begin to be distributed in the coming months, according to sources close to the government.
The American agricultural sector is reaping one of the largest harvests in history, but suffers from the drop in commodity prices such as soy and corn, aggravated by reducing exports to China, the main buyer.
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From January to August 2025, soybean exports to China fell to just over 5.44 million tons, compared to nearly 27.2 million tons in the same period of the previous year. Meanwhile, Brazil, for example, increased its sales to the Chinese market, expanding its share.
In addition to the drop in prices, farmers face increasing costs with equipment, fertilizers and other inputs, which has further pressured their profit margins.
Federal data indicate that soy producers may have losses of about $ 247 per hectare in this crop.
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According to the WSJ, the Trump government also seeks alternatives to expand international markets for US agricultural products, with the secretary of agriculture, Brooke Rollins, traveling to negotiate new commercial agreements.
The president is expected to press Chinese leader Xi Jinping to resume the purchase of American soy during a meeting soon scheduled in South Korea, which could change the need for the aid package.
Meanwhile, members of Congress press for measures that benefit not only soybean producers, but also other commodities such as rice and sorghum.
