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Perdue says no plan to extend farm aid to offset tariffs

The U.S. Department of Agriculture is not planning to extend an up to $12 billion aid package for farmers into 2019, Secretary Sonny Perdue said, to mitigate farmer losses due to the imposition of tariffs on American exports. “Farmers are very resilient and adept in making their planning and marketing decisions based on the current market,” Perdue told reporters on the sidelines of an event in Washington.

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Reuters