According to the secretary of U.S. Agriculture, there’s no need for additional aid to American farmers, following the ‘Phase One’ trade deal with China. While speaking at the American Farm Bureau Federation’s annual convention Monday, Secretary Sonny Perdue said now that Beijing is poised to buy $40 billion worth of agricultural goods, there is no need for more farm aid.
Phase One trade deal
As Democrats and mainstream media doubled down on impeachment, President Trump celebrated his key accomplishments this week. This included the signing of the Phase One U.S.-China trade deal, the passing of the historic USMCA agreement and a new rule protecting prayer in public schools. One America’s Jenn Pellegrino has more from the White House.
President Trump is hailing the Phase One trade deal with China, saying it paves the way to further improvements in bilateral ties. One America’s Chanel Rion has more from the White House.
JPMorgan’s former Chief Economist is saying the Phase One U.S.-China trade deal is a “step in the right direction.” On Wednesday, Anthony Chan said the agreement shows the world’s two largest economies are willing to work with each other.
President Trump’s Phase One trade agreement with China is set to bolster the U.S. agricultural industry and hike back substantial tariffs on China. One America’s Salina Arredondo breaks down the details of the deal.