Trump Unveils New Loan Guarantees for Beleaguered Farmers (1)

President Donald Trump announced new loan guarantees for farmers and food suppliers, a bid to bolster US agricultural communities squeezed by the impact of the Iran war, tariffs and other challenges.

Trump said the loan guarantees would cover farmers and food suppliers, including vegetable, grain and seed farmers, cattle, pig and poultry producers, as well as grocery wholesalers and others. The Small Business Administration will administer the guarantees, according to a White House official who provided details on the plans ahead of the formal announcement.

Trump did not specify a dollar amount for the guarantees. The ...