Washington D.C. [U.S.A.], July 25 (NT): President Trump's office declared a 12 billion USD relief fund for the farmers that were imposed with heavy taxes on export due to Donald Trump's trade disagreements.
Calling these tariffs "illegal", the agriculture secretary Sonny Perdue, said that this fund buys the president and his team to plan a better policy for long-term trades.
Trump further said that this is a short-term solution that will give President Trump-led government and his administration time to work on long-term trade pacts to advantage agriculture and all sectors of the American economy.
Worth mention here The USD 12 billion packages will take account of direct payments to producers of key agricultural exports like soybeans, corn, dairy and pork, a program to pay for surplus from some agricultural producers and efforts to build out markets for US agricultural products.
While the president was busy helping the farmers, his Daughter, Ivanka Trump, has set out on dissolving her fashion merchandise range, "Namesake", stating that she would rather focus on her advisory job at the president's office in Washington. She hasn't been active in the firm for 17 months, the company was started by her in 2007. (NT)