%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment President Donald Trump is reportedly planning to give American %Farmers a $10 billion U.S. bailout as the industry reels from %Tariffs and ongoing trade disputes with China. The Wall Street Journal reports that the Trump administration is planning to use money collected from tariffs to bailout struggling farmers across the U.S. American farmers report a dramatic decrease in sales after China discontinued its purchases of U.S. soybeans and lowered its purchases of other crops such as corn and lentils. So far this year, China has bought virtually no soybeans from American farmers as the nation of 1.4 billion people spars with the Trump administration over trade. In 2024, China purchased more than one billion bushels of soybeans from American farms. The Trump administration is reportedly considering offering farmers $10 billion U.S. to $14 billion U.S. in aid to help boost the farm economy. President Trump said recently that he plans to push Chinese leader Xi Jinping to buy U.S. soybeans to help struggling American farmers. The two leaders are scheduled to meet in coming weeks. The current situation is weighing on agriculture stocks such as %Deere&Co (NYSE: $DE ), %ArcherDanielsMidland (NYSE: $ADM ), and %Nutrien (NYSE: $NTR ).