10:52 GMT +307 December 2019
Listen Live
    A large portion of a famed Magnolia tree, at left, photographed from the Ellipse in Washington, Tuesday, Dec. 26, 2017 and planted on the south grounds of the White House by President Andrew Jackson in 1835 has become too weak to remain standing

    US to Unveil Plan to Provide $12Bln in Aid to Farmers Hit by Tariffs - Reports

    © AP Photo / Andrew Harnik
    US
    Get short URL
    0 02
    Subscribe

    WASHINGTON (Sputnik) - The Trump administration is ready to announce a plan to allocate $12 billion in emergency aid to American farmers who have been hurt by the latest import tariffs, The Washington Post reported.

    The White House intends to release the plan as early as Tuesday, The Washington Post reported, citing sources familiar with the matter.

    The report said that the administration is taking the action in response to complaints from farmers who fear that President Donald Trump's tariff policies will result in a trade war.

    Earlier on Tuesday, Trump in a Twitter message praised tariffs, warning that he could slap more duties on imports from any country refusing to make a "fair" deal with the United States.

    READ MORE: US Imposing Tariffs on UK in Post Brexit Situation 'Improbable', Professor Says

    Earlier, Washington announced that it would impose 25 percent tariffs on steel imports and 10 percent on aluminum imports on the European Union, Mexico and Canada beginning from June 1, sparking a trade war and retaliatory measures from the affected countries.

    Related:

    Beijing Vows to Respond if US Imposes Additional Tariffs on Chinese Goods
    Beijing Appeals to WTO Over US Plan to Introduce More Tariffs on Chinese Goods
    US Announces Additional Tariffs on $200 Bln in Chinese Goods
    Trump's Steel Heart: Israel Fails to Get Exemption From US Tariffs – Reports
    Tags:
    US import tariffs, farmers, White House, Donald Trump, United States
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik