USDA plans $16 billion in new aid to farmers after stalled U.S.-China trade talks

USDA plans $16 billion in new aid to farmers after stalled U.S.-China trade talks

Tariffs slashed Chinese purchases of U.S. soybeans by 75% over the 12 months ended May 31, according to USDA data. The U.S. Department of Agriculture is preparing to deploy $16 billion in government …