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.
- The Washington Post reported earlier that the plan will include $12 billion in emergency aid, but we haven't been able to confirm the figure.
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.