Trump to send $12 billion in one-time payments to farmers to offset ag losses

The federal government will provide $12 billion to U.S. farmers who have been hurt by "unfair market disruption," President Donald Trump said at a White House roundtable event Monday.

Trump said repeatedly the funding was available thanks to tariff revenues, framing his aggressive trade policy as a boon to farmers rather than a drag on their global market share as critics of the policy suggest.

"I...