PAMLICO COUNTY, N.C. (WITN) - The Trump Administration announced Tuesday twelve billion dollars in aid for farmers impacted by retaliatory tariffs.
Local farmers in Eastern North Carolina say that will only put a Band-Aid on the problem. American crops like cotton, dairy, pork, corn, and soybeans are being targeted in retaliation against U.S. tariffs on Chinese steel and aluminum and products from the European Union, Mexico, and Canada.
Farmers say tariffs and extremely wet and flooding weather conditions are creating a dismal outlook for their crops.
The soybean crops in Pamlico County fields are short and soggy. Rainfall pushed planting further back than usual and could affect yield.
Soybean farmer Derek Potter says the tariffs could create a double whammy on top of that. But right now it's a waiting game to see what things will be like at harvest time.
Potter said, "Just like the weather I mean we've had a tough weather season up to this point but things could be good the rest of the year and things average out but we don't know at this time, we just have to take it one day at a time and hope for the best."
The twelve billion dollar aid package for farmers is scheduled to go into effect around Labor Day and does not need congressional approval.