Trump administration starts paying $14.5 billion to farmers hurt by the trade war

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Trump administration starts paying $14.5 billion to farmers hurt by the trade war
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The Trump administration will begin paying $14.5 billion to farmers hurt by the US-China trade war by the end of August. Farmers received about $10 billion in aid last year.

Washington The Trump administration will begin paying $14.5 billion to farmers hurt by the US-China trade war by the end of August.

It's the second round of aid the administration will pay out as negotiations with Beijing continue past the one-year mark. Farmers received about $10 billion in aid last year. The trade situation has"persisted longer than we expected," said Rob Johannson, chief economist at the Department of Agriculture, on a call with reporters.

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