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New York launches tariff relief program for farmers

By Thomson Reuters Jun 29, 2026 | 4:07 AM

By Jasper Ward

June 29 (Reuters) – New York farmers can start submitting applications for up to $25,000 in relief from the state as part of a $30 million aid effort aimed at easing the ​hit to farmers from Republican U.S. President Donald Trump’s tariffs, ‌Democratic Governor Kathy Hochul said on Monday.

Over the last year, Trump has imposed an array of tariffs, including a global 10% tariff and retaliatory tariffs on China, which led Beijing to levy its own tariffs on U.S. soybean exports.

“The tariffs imposed ‌by ​the Trump administration are reckless and damaging ⁠to so many of our ⁠industries, including our agricultural producers, who rely so heavily on the forces of international markets,” Hochul said in a statement.

“I promised to stand up and fight for our farmers and I’m proud that ​our Agricultural Resiliency Against Tariffs Program will provide the much-needed relief to New York’s farmers who feed our communities.”

The program, which will be ⁠funded by a $30 million allocation in the ⁠state budget, will grant direct payments starting at $1,000 to ​eligible agricultural producers, including dairy farmers and those working with livestock, specialty ​crops and aquaculture.

A study by North Dakota State University found ‌tariffs on farmer cost inputs like chemicals, fertilizers and machinery generated about $958 million in federal revenue between February and October last year.

A large swath of Trump’s tariffs was determined to have been illegal earlier this year ⁠by the U.S. Supreme Court, and Hochul’s move comes as U.S. importers scramble to seek refunds. The administration is in the process of replicating many ⁠of the levies under ‌more-tested legal authorities.

Hochul’s office reported the state’s farmers ⁠faced increased expenses of $20,000 annually and escalating costs on ​essential ‌imports like grain and feed as a result of ​tariffs.

The Trump ⁠administration last week asked the U.S. Congress for $11 billion in additional aid for farmers facing high fuel and fertilizer costs since the Iran war.

The request follows a $12 billion aid package that was unveiled in December to help farmers affected by Trump’s trade policies.

(Reporting by Jasper Ward in Washington; Editing ​by Chris Reese)