It also comes amid recent reports that Mexico is aiming to reach a deal on the North American Free Trade Agreement with the US and Canada by the end of August to take some of the heat off incoming President Andres Manuel Lopez Obrador.
The proposal to stabilize farmers, some of whom have watched prices tumble amid ongoing trade disputes, is a recognition that Trump's tariffs are having a short-term impact on the agriculture sector heading into the midterm elections. After Trump hit China with tariffs, they responded with a 179 percent retaliatory tariff on USA sorghum.
The Agriculture Department was expected to announce the plan later Tuesday.
The funds will come through direct assistance, a food purchase and distribution program, and a trade promotion program. China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign.
You read that and wonder if Trump took a single economics class at the University of Pennsylvania, but it's not an entirely unpopular position.
"Tariffs are the greatest!" the president wrote on Twitter.
After passing Nation-State law, Israel officially adopts apartheid system
The nation-state bill passed in its second and third readings following an hours-long debate in the Knesset, Israel's parliament. Hundreds of thousands were forced to leave their homes or fled.
"This trade war is cutting the legs out from under farmers and White House's "plan" is to spend $12 billion on gold crutches", Sasse said in a statement Tuesday.
Those four, as well as Turkey, were slapped with disputes at the World Trade Organization by the U.S.
In two tweets Trump contradicts his own administration's stated national security justification for steel and aluminum tariffs, saying tariffs are imposed on countries who don't negotiate fair deals with the U.S.
Before departing for Kansas City, Trump tweeted that USA trade partners need to either negotiate a "fair deal, or it gets hit with Tariffs". He has also threatened to slap tariffs on imported cars, trucks and auto parts, potentially targeting imports that a year ago totaled $335 billion. Trump has threatened to ratchet that up to more than $500 billion, a move that has left financial markets uneasy.
The president is meeting with European Commission President Jean-Claude Juncker on Wednesday.