Tag Archives: Commodity Credit Corporation
Seafood Trade Relief Program: Fishermen impacted by retaliatory tariffs can apply for help from the USDA
Fishermen and those in the U.S. seafood industry can start applying for help from the Department of Agriculture if they were impacted by retaliatory tariffs from foreign governments. U.S. Secretary of Agriculture Sonny Perdue announced Wednesday the USDA will provide approximately $527 million in relief to those impacted. “The Seafood Trade Relief Program ensures fishermen and other U.S. producers will not stand alone in facing unjustified retaliatory tariffs while President Trump continues working to solidify better and stronger trade deals around the globe.” >click to read< 17:16
USDA Rolls Out Trade Aid – Trump Administration Details One-Time Aid Programs to Help Farmers Facing Tariff Pains
Under a plan announced Tuesday by the Trump administration, farmers growing soybeans, corn, sorghum, wheat, cotton, milk and hogs will be able to apply for tariff aid payments sometime this fall to offset the impact of lost trade markets. Agriculture Secretary Sonny Perdue, stressing that President Donald Trump continues to support U.S. farmers, announced an aid package of up to $12 billion for agriculture, which will be available through three separate programs. Perdue called the trade response “a short-term solution” that would give President Trump time to work on long-term trade deals that would end the retaliatory tariffs. Perdue said the $12 billion figure “is directly in line with the estimated $11 billion impact of illegal tariffs on agriculture.” >click to read<21:43
