On Friday, former President Donald Trump unveiled a set of initiatives designed to assist farmers and food suppliers in managing rising costs linked to energy prices, asserting the dawn of a new “golden age” for agriculture. He outlined reforms regarding farm equipment regulations, including measures to lower costs and expand federal loan guarantees for items like tractors, noting the increasing unaffordability of such equipment for many farmers.
“Every day, we’re seeking new ways to support farmers, reduce expenses, and ultimately bring down food prices for Americans,” Trump stated on the White House South Lawn. “We’re showing that the golden age of American agriculture is upon us.”
He criticized the Biden administration for what he described as damaging restrictions and a lack of trade agreements that negatively impacted the agricultural sector. In a bid to provide relief, Trump mentioned that his administration had allocated $12 billion to farmers from tariff funds.
“We urge Congress to swiftly pass a new farm bill,” he added. “And I’m also dedicated to pushing for additional farm relief in the next funding bill.”
In addition, Trump noted that the Environmental Protection Agency (EPA) would revise its guidelines for a system targeting diesel emissions, which he claimed would save farmers billions. He announced new regulations limiting diesel exhaust fluid (DEF) requirements that mandate certain technologies to cut nitrogen oxide emissions, calling the previous approach a “fundamental disaster.”
Trump also highlighted the EPA’s efforts to promote renewable fuels derived from agricultural products, while voicing criticism toward environmental advocates.
“What they’ve done to you and the country is astounding,” he remarked. “It’s like they’re terrorists,” he said, drawing attention to the perceived burdens on farmers.
Furthermore, he introduced new loan guarantees from the Small Business Administration for small enterprises in agriculture, which includes various sectors such as vegetable, grain, and seed farming, along with livestock and food suppliers.
