The key facts
- Trump announced the $8 billion 'Fuel Payment Assistance During Harvest' program
- The President promised to allocate more funds after a Republican victory in the elections
- Kirill Dmitriev said Russia could help US farmers with diesel and fertilizers
New Farmer Aid Program
US President Donald Trump announced an $8 billion aid package intended to compensate American farmers for diesel fuel costs during the harvest season. He announced this on his Truth Social page. According to Trump, the Department of Agriculture is launching a program called 'Fuel Payment Assistance During Harvest' (quote via Yahoo Finance).
Promises of Additional Funds and Falling Prices
Trump said that if Republicans win the elections, the authorities will allocate even more funds for 'wonderful farmers'. He also expressed the opinion that fuel prices 'will drop sharply as soon as the war with Iran ends', and, according to him, this 'will happen very quickly'.
Reaction and Context
On October 21, the special representative of the Russian president for investment and economic cooperation with foreign countries, Kirill Dmitriev, said that farmers in the US could receive help from Russia in the form of not only diesel fuel but also fertilizers. Earlier, Witkoff thanked Putin for the diesel deal.
