Trump tariffs could fund bailout for US farmers, says agriculture secretary, FT reports

Trump tariffs could fund bailout for US farmers, says agriculture secretary, FT reports

Trump tariffs could fund bailout for US farmers, says agriculture secretary, FT reports

(Reuters) -The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers as they head into harvest facing falling export sales and rising input costs, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins.

“There may be circumstances under which we will be very seriously looking to and announcing a package soon,” Rollins told the newspaper in an interview on Wednesday.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Christopher Cushing)