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MarketsUS Rice, Cotton Farmers Get Biggest Relief in Trump Bailout
Reported by Bloomberg, U.S. rice and cotton farmers are set to receive the largest share of the Trump administration's $12 billion aid package, designed to mitigate the impact of trade tariffs. This bailout, aimed at compensating farmers for losses incurred due to retaliatory tariffs from other countries, highlights the significant financial strain faced by these agricultural sectors amidst ongoing trade disputes.
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