Trump Announces Fuel Standard Updates, New Loans to Benefit American Farmers

WASHINGTON—President Donald Trump hosted a gathering of farmers at the White House on March 27 to promote the Farm Bill and announce policy changes aimed at protecting farmers, including updates to renewable fuel standards and new loan programs. Trump criticized the strict regulatory actions taken during the Biden administration. Available details are limited, but he estimated the new fuel standards would generate more than $10 billion in rural economic benefit and create approximately 100,000 new jobs. The president also announced new loans for farmers offered by the Small Business Administration meant to help lower food costs. He made the remarks from the Truman Balcony of the White House during a ceremony on the South Lawn....