U.S. plans new farm aid round

CHICAGO, Ill. (Reuters) — The U.S. Department of Agriculture said Nov. 15 that it will begin making a second round of trade aid payments to farmers.

The payments are the second part of a three-part $16 billion aid package announced in May to compensate farmers for the U.S.-China trade war. China imposed tariffs on key U.S. agriculture exports including soybeans and pork last year after U.S. President Donald Trump’s administration levied duties on Chinese goods.

Farmers will now be eligible to receive 25 percent of the total payment expected, in addition to the 50 percent they already received in the first round of the 2019 package, the USDA said in a statement.

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