In the end of July, the Trump Government once announced to put forward a
remedy measure, and provide emergency assistance as much as USD12 billion to
help them cope to negative impact caused by traffic increase in trade
frictions. Recently, the United States Department of Agriculture (USDA) announced
one of the three plans in this measure – food purchase and distribution plan to help growers affected by trade
frictions this year. The plan will spend about USD 1.2 billion in agricultural
products, in which over USD400 million will be used to purchase fruits and nuts
produced in the USA. Other two remedy plans of USDA contain market promotion
plan (directly paid to grain and livestock farmers) and agricultural trade
promotion plan. The latter will provide millions of US dollars to commodity
promotion groups so as to help development and expand export sales.
USDA said the food purchase and distribution plan will purchase specific
products under impact of tariff due to trade friction. The amount will be
decided according to different losses of different products. The amount
purchasing fruits and nuts is distributed as follows:
Pistachios:
USD 85.2 million;
Walnuts:
USD34.6 million;
Pecans:
USD 16 million;
Macadamia
nuts: USD 7.7 million;
Hazel
nuts: USD 2.1 million;
Sweet
corns: USD 2.4 million;