The Trump administration’s announcement this week to distribute more than $6 billion in aid to farmers hurt by trade tariffs is welcome but will not make producers whole, said Mark Watne, president of North Dakota Farmers Union.
Half of the $12 billion in funds allocated will be distributed through the Farm Service Agency’s Market Facilitation Program (MFP) with a second payment later “if warranted,” according to U.S. Secretary of Agriculture Sonny Perdue in a USDA press release explaining program details.
“It’s frustrating that we’re using a Band-Aid approach to economic devastation,” said Watne. “Farmers are having to pay for a trade war they didn’t ask for and instead of the Administration’s promise to hold farmers harmless, they’re being asked to hang on indefinitely.”
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