Global Trade Alert
Global Trade Alert

United States of America: New compensation program to U.S. farmers caught in trade war

Announcement

23 May 2019

The U.S. Department of Agriculture plans to allocate as much as $16 billion, including $14.5 billion in direct payments to producers.

 

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

3 in force

Implementation date

23 May 2019

Revocation date:

No revocation date

Financial grant In force

On May 23, 2019 the U.S. Department of Agriculture (USDA) released initial details for a trade assistance package to support farmers and ranchers during the current trade conflicts. U.S. Secretary of ...

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Public procurement, nes In force

Additionally, an existing authority will be used to implement a $1.4 billion Food Purchase and Distribution Program to purchase surplus commodities affected by trade retaliation such as fruits, vegeta...

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Other export incentive In force

Finally, $100 million will be issued through the Agricultural Trade Promotion Program to assist in developing new export markets on behalf of producers. No further details were immediately provided on...

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