White House Announces $16 Billion In Aid To Farmers Hurt By China Trade Dispute
The U.S. agricultural sector has been hit hard by the trade conflict with China. Agriculture Secretary Sonny Perdue says some of the aid money will be used to build markets elsewhere.
Updated at 4:05 p.m. ET
The Trump administration will provide $16 billion in aid to keep farmers afloat as they reel from the yearlong trade war between the U.S. and China, Agriculture Secretary Sonny Perdue told reporters in a briefing on Thursday.
The bulk of the aid, or about $14.5 billion, is direct aid to farmers, which producers
