U.S. farmers receive $7.7 billion in trade aid to date: USDA

Reuters
FILE PHOTO: Farmer Lucas Richard of LFR Grain harvests a crop of soybeans at a farm in Hickory, North Carolina, U.S. November 29, 2018. REUTERS/Charles Mostoller/File Photo

WASHINGTON (Reuters) - U.S. Department of Agriculture has paid out $7.7 billion so far to farmers, William Northey, Undersecretary for Farm Production and Conservation, said on Friday, in aid designed to offset the negative impact of tariff imposition.

The administration of President Donald Trump has pledged up to $12 billion in aid to help offset losses for crops hit by retaliatory Chinese tariffs imposed in response to Washington’s tariffs on Chinese goods.

(Reporting by Humeyra Pamuk; Editing by Chizu Nomiyama)