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You are here: Home / Economy / Trump Readies $20 Billion for Farmers Hurt By Trade War

Trump Readies $20 Billion for Farmers Hurt By Trade War

May 15, 2019 at 8:48 pm EDT By Taegan Goddard Leave a Comment

Agriculture Secretary Sonny Perdue said the Trump administration “could make as much as $20 billion available to farmers in a second round of assistance designed to help offset losses from China’s latest retaliatory tariffs,” Politico reports.

“The second installment of trade aid is being modeled after the one last year. USDA pledged up to $12 billion in assistance for 2018 production, mostly in the form of direct payments to farmers stung by retaliatory duties, as well as commodity purchases.”

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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