Trade War Benefiting U.S. Food Banks
Food banks are benefiting from President Trump's trade war with China. USA Today reports the tit-for-tat trade war offers more variety for U.S. food banks through the administration's trade mitigation package for farmers.
With the Department of Agriculture buying commodities to help ease the burden on farmers, those items will show up in U.S. food banks, including meat, dairy products, fruits and vegetables. As part of the trade aid package, USDA announced it would purchase roughly $1.2 billion in commodities that are "unfairly targeted" by China.
Of the purchases to be spread over the current fiscal year that started this month, pork is expected to account for nearly half, $559 million, followed by apples, oranges and orange juice, dairy products and pistachios – each at more than $80 million.
Source: NAFB News