Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Agriculture Secretary Sonny Perdue. Photo: Alex Wong/Getty Images

Agriculture Secretary Sonny Perdue said Tuesday the U.S. government would pay a minimum of $15 per acre in aid to farmers impacted by President Trump’s trade war with China, Reuters reports.

Why it matters: The trade war has been crippling for U.S. farmers. Illinois Soybean Association CEO Craig Ratajczyk told Reuters the $15-per-acre minimum would make agricultural lenders more comfortable and "help provide some type of stability for that type of lending institution."

Details: The Market Facilitation Program payments would make up the bulk of a $16 billion trade aid package that the Trump administration announced in the spring to compensate farmers hurting from the trade war with China, according to AgriPulse. Perdue told reporters he'd release more information later this week, per AgriPulse.

"We are anticipating right now 3 tranches obviously, with about probably 50% or a minimum of $15 an acre initially. The other 2 tranches would be anticipating any market changes or looking at any market changes going forward."
— Agriculture Secretary Sonny Perdue

The big picture: Trade tensions with China appeared to ease during the G20 summit last month, where Trump and Chinese President Xi Jinping agreed to restart stalled talks. Trump said he wouldn't put new tariffs on China for the "time being." He said this month China was not fulfilling promises to buy U.S. farm goods, Reuters notes.

Go deeper: U.S. farmers fight to save Chinese soybean relationships

Go deeper

UN poll: Most see climate change as global emergency during pandemic

Swedish climate activist Greta Thunberg (C) fronts a Fridays For Future protest at the Swedish Parliament in Stockholm in September. Photo: Jonathan Nacksrtrand/AFP via Getty Images

64% of people from around the world say climate change is a global emergency, a United Nations poll published Wednesday finds.

Why it matters: It's the biggest global survey on climate change ever conducted, with some 1.2 million participants from 50 countries — including the U.S., where 65% of those surveyed view climate change as an emergency.

Collins helps contractor before pro-Susan PAC gets donation

Sen. Susan Collins during her reelection campaign. Photo: Scott Eisen/Getty Images

A PAC backing Sen. Susan Collins in her high-stakes reelection campaign received $150,000 from an entity linked to the wife of a defense contractor whose firm Collins helped land a federal contract, new public records show.

Why it matters: The executive, Martin Kao of Honolulu, leaned heavily on his political connections to boost his business, federal prosecutors say in an ongoing criminal case against him. The donation linked to Kao was veiled until last week.

How cutting GOP corporate cash could backfire

Illustration: Aïda Amer/Axios

Companies pulling back on political donations, particularly to members of Congress who voted against certifying President Biden's election win, could inadvertently push Republicans to embrace their party's rightward fringe.

Why it matters: Scores of corporate PACs have paused, scaled back or entirely abandoned their political giving programs. While designed to distance those companies from events that coincided with this month's deadly siege on the U.S. Capitol, research suggests the moves could actually empower the far-right.