American Enterprise Institute for Public Policy Research
Abstract:
In retaliation for adverse trade actions from the Trump administration against foreign imports, many countries have imposed tariffs on US agricultural exports.
To shore up political support from an important constituency, the Trump administration has authorized an estimated total of $28 billion in 2018 and 2019 to farmers and ranchers in compensation packages for their losses in those years.
This report uses estimates of the distribution and size of the 2018 and 2019 trade aid packages to evaluate how these programs will affect World Trade Organization domestic support limits and their potential consequences for US trade relations.
Topic:
Agriculture, Humanitarian Aid, World Trade Organization, Tariffs, and Trade