Categories: economy

Trump has allocated $16 billion to help American farmers

The US President Donald trump will allocate $16 billion to support American farmers, who have to compete with the supply of agricultural products from China.

 

The American Ministry of agriculture has drawn up a plan of direct payments in the amount of $14.5 billion in three tranches, starting from the end of July, RIA Novosti reported.

 

Payments will be made from funds derived from the duties on Chinese goods.

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