Trump confirms $12bn in assistance for American farmers amid concerns over trade and high prices – live | US supreme court

Trump confirms $12 billion in aid for American farmers

At the round table in the White House office Donald Trump announced $12 billion in aid for American farmers. “We love our farmers,” the president said. “They are the backbone of our country.”

Trump also noted that China has committed to purchasing $40 billion of American soybeans. “I asked President Xi if he could even the score, and I think he will,” the president added.

The package comes as farmers – some of Trump's most loyal supporters – have expressed frustration over the rising costs of the president's sweeping tariffs as well as the fallout from escalating trade tensions with China.

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In yet another conversation with Scott—this time on the subject of Obamacare subsidies that are set to expire at the end of this year—the president bluntly stated that he wants to “pay people.”

“I want to see money paid out to people who could go out and buy their own health care instead of paying insurance companies,” he said.

If the tax breaks expire, it would mean premium payments would more than double, according to KFF's analysis.

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