Farm Aid

Trump's Emergency Aid for Farmers in Context

The U.S. trade war has taken a domestic turn. President Trump, doubling down on his protectionist efforts, has announced a $12 billion emergency aid package to U.S. farmers to blunt any economic or political damage from his tariff policies.

These efforts come in the lead up to a presidential visit to Iowa-- a key primary state known for its soybean production and corn -- and a meeting with Jean-Claude Juncker, the European Commission president where the two leaders are scheduled to discuss trade.

The United States oilseed and grain trade in 2017 totaled $13.7 billion with China alone, comparable to the $12 billion coming from the Department of Agricultural. State representatives from localities where manufacturing and energy production are prominent now are asking where their aid relief is.

Description

This chart shows the value of the top exported goods to China in 2017.

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Key figures on economic impacts caused by the U.S.-China trade war in the United States from mid-2018 to end of 2019
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Value of U.S. agricultural exports to mainland China from fiscal year 2016 to 2025 with an estimate for 2025 (in billion U.S. dollars)
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United States tariffs on Chinese goods from July 2018 to September 2019 (in billion U.S dollars)
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Value of exported trade goods to China from the United States from 1985 to 2025 (in billion U.S. dollars)
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Import value of agricultural products from the United States to China from 2014 to 2024 (in billion U.S. dollars)
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Value of imported trade goods from China to the United States from 1985 to 2025 (in billion U.S. dollars)

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