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|Testimony on Commodity Programs, Credit, and Crop Insurance
|Senate Agriculture Committee
Aug. 28, 2018
* payments to certain producers starting Sept. 4,
* $1.2 billion in government purchases of targeted commodities, and
* $200 million to develop foreign markets for U.S. agricultural products.
The announcement came the same day that the Trump administration announced a preliminary U.S.-Mexico trade agreement. The White House said the preliminary agreement will feature new “rules of origin” requirements, stronger labor standards, and commitments to reduce trade-distorting policies for agricultural goods.