American farmers are benefiting from over $24 billion in new subsidies as compensation for lost sales caused by the on-going U.S.-China trade war.
The American Enterprise Institute estimates those payments are three to four times bigger than actual losses. Ironically, most of the monies are going to the biggest and richest farms who already receive the lion’s share of federal crop insurance program subsidies and don’t need financial help.
https://www.aei.org/articles/how-the-biggest-farms-are-getting-more-per-acre-in-trade-war-subsidies/
