With the trade war with China just starting to heat up, the 45th President of the United States made a promise to those most affected on Monday. Speaking directly to America’s farmers, President Trump promised that although times are tough now, it won’t always be so.
President Donald Trump acknowledged that his stand-off with China was directly affecting American farmers, but he promised that conditions would change eventually.
Here’s the scoop from our friends at Breitbart:
“I tell you, our farmers are great patriots,” he said. “They understand that they’re doing this for the country and we’ll make it up to them.”
China announced plans to raise tariffs up to 25 percent on American agricultural goods such as soybeans, cotton, corn, wheat, and beef in response to his tough actions on China trade including a 25 percent tariff on steel and a 10 percent tariff on aluminum.
Trump acknowledged that many farmers were already suffering economic challenges for their products in the last eight years, but tried to show solidarity.
“It’s not nice when they hit the farmers specifically because they think it hits me,” Trump said, referring to China.
Here’s more from The Hill:
He added that farmers have been “trending downward over an eight-year period” and said that, because of his actions on the North American Free Trade Agreement and China, “farmers will be better off than they ever were.”
The Trump administration has moved aggressively to levy tariffs on China, including $50 billion in penalties proposed early last week. After China retaliated by proposing $50 billion in tariffs on U.S. goods, including soybeans, the White House late Thursday said Trump had ordered officials to look at another $100 billion in tariffs on China.
Many farmers have expressed fear that their livelihoods could be impacted in the escalating trade war, given that China is a major market for agricultural exports, particularly soybean and sorghum.
Earlier this month, Agriculture Secretary Sonny Perdue told a town hall in Ohio that the president had told him that farmers would not be hurt by the ongoing trade dispute with China.
“I talked to the president as recently as last night,” Perdue said. “And he said, ‘Sonny, you can assure your farmers out there that we’re not going to allow them to be the casualties if this trade dispute escalates. We’re going to take care of our American farmers. You can tell them that directly.’ ”
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