Trump provides new aid for farmers and food suppliers amid Iran war

President offered new federal loan guarantees and an update to renewable fuel standards to boost US agriculture Donald Trump is offering aid to farmers and food suppliers as they face a fresh set of challenges amid the US-Israel war on Iran, the White House announced Friday. After a White House event with farmers on Friday, Trump introduced several new measures, including new federal loan guarantees and an update to renewable fuel standards, meant to boost US agriculture as the conflict in Iran continues. “From Minnesota to Mississippi we’re lifting up our hard working farmers and ranchers and growers and we’re putting more money in American pockets,” Trump said at the event. “We’re going to prove that the golden age of American agriculture is right here and right now.” The Small Business Administration (SBA) said in a statement that it will administer the loans, which aim to expand food production and supply and reduce grocery costs for consumers. The loans would come with a 90% federal guarantee, up from the 75% offered through the agency’s existing loan program. Certain small businesses would become eligible starting 1 May. In a statement, Kelly Loeffler, the SBA administrator,