Farmers Receive More Bailout Funds to Help Deal with the Costs of Trade War

The U.S. Department of Agriculture has now spent more than $10 billion this year to bail out farmers affected by President Donald Trump’s trade war, according to updated U.S. Department of Agriculture data.

Illinois and Iowa have received more than $1 billion each, while Minnesota, Texas, and Kansas have received more than $700 million each, according to the USDA’s data. The bailout payments cover a wide variety of crops, and allow farmers to receive between $15 and $150 per acre, depending on what crops and where in the country the farm is located.

Read more here: https://reason.com/2019/11/27/trumps-farm-bailout-has-cost-over-10-billion-this-year/

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