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Trump says he is speeding help to farmers hurt by coronavirus dislocation By Reuters

Trade News by Trade News
April 9, 2020
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Trump says he is speeding help to farmers hurt by coronavirus dislocation By Reuters
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© Reuters. U.S. President Trump leads daily coronavirus response briefing at the White House in Washington© Reuters. U.S. President Trump leads daily coronavirus response briefing at the White House in Washington

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday he has directed his agriculture secretary to expedite help to farmers, especially small farmers, hurt by the economic disruption caused by the new coronavirus outbreak.

On Twitter, Trump also said he expects Agriculture Secretary Sonny Perdue “to use all of the funds and authorities at his disposal to make sure that our food supply is stable, strong, and safe.”

Trump did not specify what he expected Perdue to do, but farmers are waiting for the U.S. Department of Agriculture (USDA) to announce how it will disburse $9.5 billion Congress set aside for the industry in the coronavirus relief bill signed by Trump last month.

Farmers are an important part of Republican Trump’s political base as he seeks re-election in November.

Also on Twitter, Perdue said the USDA “is…



Source investing.com

Tags: coronavirusdislocationfarmershurtReutersspeedingTrump
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