President Donald Trump announced Monday with Agriculture Secretary Brooke Rollins that his administration will use $11 billion of tariff revenue to economically aid the nation’s farmers.
Trump’s announcement came during a Cabinet Room roundtable with farmers, along with Agriculture Secretary Brooke Rollins and Treasury Secretary Scott Bessent.
“I’m delighted to announce this afternoon that the United States will be taking a small portion of the hundreds of billions of dollars we receive in tariffs” for the relief, Trump said.
Trump estimated that, considering the automobile plant and AI investments that the U.S. is taking in, in part because of…
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