# Trump insists Chinese tariffs will cover $16 billion farm trade aid package

> President Trump said a $16 billion farm and ranch aid package for producers hurt by the China trade war would be paid for with tariff revenue from Chinese goods. The White House announced the package hours before the event, with $14.5 billion in direct payments to grain, oilseed, dairy and pork producers.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/59093-trump-insists-chinese-tariffs-will-cover-16-billion-farm-trade-aid-package
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Direct payments can keep farmers planting and holding acreage despite weak export demand, which limits downside in prices for corn and soybeans. The package does not restore lost Chinese purchases, so the trade dispute remains bearish for export-oriented crops.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-01 | [Trump unveils $12 billion aid package for farmers hit by trade war](https://feedsoft.ai/events/21484-trump-unveils-12-billion-aid-package-for-farmers-hit-by-trade-war.md) | +0.6% | -0.9% |
| CORN | 2021-03-25 | [Trade Coalition Wants Trump Era Tariffs Removed \| Red River Farm Network](https://feedsoft.ai/events/48092-trade-coalition-wants-trump-era-tariffs-removed-red-river-farm-network.md) | +1.0% | +7.5% |
| CORN | 2026-06-24 | [A $17 Billion Economic Aid Package Likely Outside of Farm Bill](https://feedsoft.ai/events/18787-a-17-billion-economic-aid-package-likely-outside-of-farm-bill.md) | -2.3% | +5.6% |
| CORN | 2025-09-25 | [What Are the Odds of Congress Passing a Farm Bill 2.0 and Trade Aid Package in 2025? - AgWeb](https://feedsoft.ai/events/22852-what-are-the-odds-of-congress-passing-a-farm-bill-2-0-and-trade-aid-package-in.md) | -2.5% | -1.8% |
| CORN | 2019-01-10 | [Farm Policy: USDA's Trade Aid Package](https://feedsoft.ai/events/60965-farm-policy-usda-s-trade-aid-package.md) | -1.4% | +0.2% |
| SOY | 2026-01-01 | [Trump unveils $12 billion aid package for farmers hit by trade war](https://feedsoft.ai/events/21484-trump-unveils-12-billion-aid-package-for-farmers-hit-by-trade-war.md) | +1.6% | +3.3% |
| SOY | 2021-03-25 | [Trade Coalition Wants Trump Era Tariffs Removed \| Red River Farm Network](https://feedsoft.ai/events/48092-trade-coalition-wants-trump-era-tariffs-removed-red-river-farm-network.md) | +0.3% | +7.0% |
| SOY | 2026-06-24 | [A $17 Billion Economic Aid Package Likely Outside of Farm Bill](https://feedsoft.ai/events/18787-a-17-billion-economic-aid-package-likely-outside-of-farm-bill.md) | -0.0% | +10.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/05/23/trump-insists-chinese-tariffs-will-cover-16-billion-farm-trade-aid-package.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.