Trump ready to bail out farmers amid trade war squeeze, Rollins says

What they're saying: "First of all, the prayer is that that doesn't need to happen — but secondly, if it does, for the short term, just as in Trump 1, we are preparing for that," Rollins told CNN's "State of the Union" on Sunday.

Catch up quick: In Trump's first term, amid a smaller trade war with China, the government rolled out tens of billions of dollars in farm subsidies.

• Those bailouts, collectively, ended up being so large that they almost equaled the tariff revenue generated.

The intrigue: Agriculture consultants and economists tell Axios that farmers don't necessarily want bailouts — they want trade certainty so they can harvest and sell their crops.

• "Trade aid isn't going to be farmers' first choice for a solution of all this, farmers prefer to earn their money from the markets," American Soybean Association economist Jacquie Holland said this week.

The bottom line: Rollins said it would probably be a few months before any need for aid was evident.

• "I don't think we're going to need it, but if we do, it will be there," she said.

Axios Chicago's Monica Eng contributed.