Jul 24, 2018 - Economy

Trump administration to propose "temporary relief" to farmers

A bucket dumps soybeans into a truck

Farmer John Duffy loads soybeans from his grain bin onto a truck in Illinois. Photo: Scott Olson via Getty Images

The Trump administration will propose a "temporary relief" plan this afternoon to farmers who have been hit hard by retaliatory tariffs, a source with direct knowledge told Axios.

Why it matters: This an idea that conservatives will hate. The proposal — put forth by the Department of Agriculture, not the White House — is the very opposite of free market economics. Earlier this year, Axios reported that Trump floated a similar idea of creating subsidy payments for farmers, but it was shot down by Republican lawmakers.

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