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Trump To Announce $12 Billion Farm Relief Package Monday, Bloomberg Reports

Trump To Announce $12 Billion Farm Relief Package Monday, Bloomberg Reports

The U.S. plans to unveil a $12 billion farm relief package Monday to support producers hit by low crop prices and tariff fallout, Bloomberg reports. President Trump is expected to announce the plan alongside Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins. Cattle producers and growers of grains, soybeans, cotton and potatoes are due to attend. Reuters could not immediately verify the Bloomberg report.

The United States is set to unveil a long‑awaited farm relief package worth $12 billion on Monday to help producers affected by weak crop prices and recent tariff policies, Bloomberg News reported on Sunday, citing a White House official.

President Donald Trump is expected to formally announce the package at an event attended by farmers. Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins are also reported to be present.

The gathering will include producers of cattle and a range of crops — from grains and soybeans to cotton and potatoes — who have been hit by both depressed market prices and trade disruptions tied to tariffs. The aid is intended to provide targeted support to those sectors most affected.

Details remain limited: Bloomberg cited a White House official for the report, and Reuters could not immediately verify the account. Further specifics on program eligibility, distribution mechanisms and timing were not yet disclosed.

Reporting by Anusha Shah in Bengaluru; Bloomberg News cited a White House official.

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