Trade Assistance Package in 2018

Alejandro Plastina and Chad Hart ( September, 2018 )

Summary

On August 27, 2018, USDA announced the details for the short-term tariff relief package. The trio of programs making up the relief package is authorized to utilize up to $12 billion to reduce the impacts of trade disputes on U.S. agricultural producers. The three programs are the Market Facilitation Program, the Food Purchase and Distribution Program, and the Agricultural Trade Promotion Program. The Market Facilitation Program will provide direct financial support to corn, cotton, dairy, hog, sorghum, soybean, and wheat producers.

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