President Trump announced a $12 billion relief plan for American farmers today.

It's aimed at supporting an industry hit by lower sales, higher expenses, and the President's tariff policy.

This past year, in retaliation for U.S. tariffs, China initially dialed back its purchase of American soybeans.

That, coupled with persistently low crop prices,

have taken a serious toll on farmers' bottom lines. William Brangham has more on the president's

plan and how it might play out. That's right, Omna. This aid package includes $11 billion in direct

one-time payments to crop farmers through the U.S. Department of Agriculture.

The remaining billion could be used by farmers whose crops fall outside that USDA program.

The aid comes at a difficult time for smaller family farms.

Bankruptcies are rising and have been for the last three years. Today, USDA Secretary

of Brooke Rawlins assured farmers that relief is on the way. The money will move by February 28th

of 2026, but by the end of this month, so just in the next couple of weeks, every farmer that is

able to apply for it

will know exactly what that number looks like.

So as you are going to your lender,

as you are working to ensure and understanding

what you can plant for next year,

you will have that number in hand.

To help us understand what this means for farmers,

we are joined by Patrick Thomas of the

Wall Street Journal. Patrick, thank you so much for being here. Before we get to the aid package,

I mentioned some of the stresses on farmers, but can you tell us a little bit more about the

...