Rich farmers, not mom-and-pop farms, will collect most of Trump’s tariff bailout

The lone valiant farmer struggling to eke an existence from his hardscrabble farm — that’s the image President Trump wants you to think about when contemplating the $28 billion in bailouts he’s spending to cover farm losses from his trade war.

Think again. The vast majority of the dollars flowing to the agriculture industry via the bailouts is likely to go to farms with annual revenues of several million dollars.