Trump proposes $8B aid for farmers' diesel costs
U.S. President Donald Trump announced that the Department of Agriculture will launch a $8 billion program to support American farmers and ease the burden of diesel costs during the harvest season, amid rising fuel prices and input costs. The program will provide one-time payments to producers to offset some of the losses associated with the increase in diesel prices, with the Farm Service Agency managing these payments. This announcement comes as part of Trump's efforts to bolster support for farmers ahead of the midterm elections, at a time when diesel prices in the U.S. have risen to their highest level since 2022, contributing to increased transportation and agricultural costs.
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