US President Donald Trump will allocate $ 16 billion to help American farmers. Finance should help farmers cope with competition from China.
The US Ministry of agriculture will open direct payments in the amount of $14.5 billion in three tranches. The first one is scheduled for the end of July.
The funds will be derived from the duties that are imposed on Chinese goods.
In the US the authorities are actually controlled agricultural production. Government experts constantly analyze the markets and each year give “recommendations” to American farmers on what crops to engage in order to get the greatest profitability.