Agriculture Secretary Sonny Perdue on Tuesday unveiled details of an emergency plan to extend $12 billion in aid to farmers hit by retaliatory tariffs caused by President Trump’s escalating trade war.
Why it matters: The plan has received backlash from farm-state conservatives who advocate for 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.
The details: Perdue argued this a "short term" plan that would give President Trump enough time to work on long-term trade deal. He singled out China for imposing what he called "illegal retaliatory tariffs."
The backdrop: Canada, China, Mexico, and the European Union have responded to the administration's tariffs on steel and aluminum. Beijing recently retaliated with duties on soybeans and pork, affecting 10 states that primarily grow the crop — nine of which voted for Trump in 2016.
