The third and final tranche of 2019 Market Facilitation Payments was announced by the U.S. Department of Agriculture (USDA) and U.S. President Donald Trump this week.
“It’s been a great start to 2020 for American agriculture with the signing of the historic phase one deal with China and the signing of USMCA,” U.S. Secretary of Agriculture Sonny Perdue said in a statement. “While these agreements are welcome news, we must not forget that 2019 was a tough year for farmers as they were the tip of the spear when it came to unfair trade retaliation. President Trump has shown time and again that he is fighting for America’s farmers and ranchers and this third tranche of 2019 MFP payments is proof.”
MFP payments aim to assist farmers suffering from damage due to unjustified trade retaliation by foreign nations.
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