Farmers across the U.S. are grappling with skyrocketing health insurance costs as enhanced subsidies expire, forcing many to choose between their livelihoods and coverage. With rising prices and economic uncertainty, the future looks grim for agricultural workers.
In a move to support U.S. farmers facing financial distress due to Chinese tariffs and falling commodity prices, Trump unveiled a $12 billion aid package. This includes $11 billion for row crop farmers and additional funds for specialty crops, while also promising more soybean purchases from China.
Stock markets and the dollar cautiously react to new U.S.-China trade talk developments. Investors remain wary as they await inflation data and a critical Treasury auction.