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    Economists Say Trump Administration Is Overpaying Farmers For Trade Losses

    The Trump administration has released details of a $16 billion plan to compensate farmers who've lost money as a result of the trade dispute with China. Some economists say it's too generous.
    by Dan Charles Jul 25, 2019 2 minutes
    A worker at the port in Nantong, in China's eastern Jiangsu province, displays soybeans imported from Ukraine. Imports of soybeans from the U.S., once China's biggest supplier, have dropped massively since a trade war between the US and China began in 2018.

    If you're caught in a trade war, it's good to be a farmer.

    Lots of American companies have lost sales since the Trump administration and China embarked on the current cycle of tariff-raising and retaliation. Few, if any, have been compensated as handsomely as farmers.

    This week, Secretary of Agriculture Sonny Perdue unveiled details of the latest for farmers who've lost export sales. It includes $14.5 billion in direct payments

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