Hi there. Welcome to Meet the Press Now. I'm Ryan Nobles in Washington, where President Trump is tacitly acknowledging that his trade policies have hurt some of his key supporters, announcing today that his administration is offering a lifeline

to farmers who have been impacted by the ongoing trade war with China. The president's announcement

of a $12 billion aid package for American farmers comes as the White House struggles to address

voters' growing concerns about affordability. So we're going to use that money to provide $12 billion in economic assistance to American farmers.

This relief will provide much needed certainty to farmers as they get this year's harvest to market and look ahead to next year's crops.

And it'll help them continue their efforts to lower food

prices for American families.

The president saying that the funding for the assistance package is coming from revenue

generated from tariffs, while also touting Chinese imports of American soybeans.

China, meanwhile, remains well short of the 12 million tons of soybeans it agreed to

purchase as part of Beijing's trade agreement with the U.S., which was announced more than a

month ago. Treasurer's Secretary Scott Bessent describing today's package as a bridge payment

to farmers while saying he remains confident that China will make good on its soybean commitment.

Why would farmers need a bridge payment from the agriculture department then?

Because these prices haven't come in because the Chinese actually used our soybean farmers

as pawns in the trade negotiations. And we are going to create this bridge because, again, agriculture is all about the future.

You've got to start financing for planning next year.

They'll win things will be very good.

Today's announcement comes as concerns about affordability remain a focus at the White House and on Capitol Hill.

With President Trump set to travel to

Pennsylvania tomorrow to address his administration's efforts to combat inflation. And the Senate

set to vote Thursday on a Democratic plan to extend affordable CARAC subsidies and bring down

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