Trump announced $12 billion in relief payments to U.S. farmers and ranchers, claiming the funds came entirely from tariff revenue collected from China and other countries.
Nebraska farmers received $500 million of the total, distributed among 33,000 recipients. Trump said tariff collections exceeded the relief amount, leaving surplus revenue.
The payments come alongside China's commitment to double agricultural purchases from the U.S., part of trade negotiations during Trump's previous term.
The relief program was designed to offset losses farmers faced from retaliatory tariffs during the U.S.-China trade war.
Nebraska farmers received $500 million of the total, distributed among 33,000 recipients. Trump said tariff collections exceeded the relief amount, leaving surplus revenue.
The payments come alongside China's commitment to double agricultural purchases from the U.S., part of trade negotiations during Trump's previous term.
The relief program was designed to offset losses farmers faced from retaliatory tariffs during the U.S.-China trade war.