The Trump administration is ready to provide more federal aid to farmers if required, a White House adviser said on Monday, after rolling out up to $12 billion since last year to offset agricultural losses from the trade dispute with China.
“We have allocated $12 billion, some such, to farm assistance. And we stand ready to do more if necessary,” White House economic adviser Larry Kudlow told reporters.
The U.S. Department of Agriculture had previously ruled out a new round of aid for 2019. As of March, more than $8 billion was paid out as part of last year’s program. On Monday, the department said it had extended the deadline to apply to May 17.