Trump Accuses China Of Targeting U.S. farmers
President of the United States, Donald Trump has accused China of targeting American farmers in a “vicious” way and using them as leverage to get concessions on trade.
China is targeting our farmers, who they know I love & respect, as a way of getting me to continue allowing them to take advantage of the U.S. They are being vicious in what will be their failed attempt. We were being nice – until now! China made $517 Billion on us last year.
— Donald J. Trump (@realDonaldTrump) July 25, 2018
Naija News gathered that farmers have been a particular target in the current clash over trade policy as other countries seek to retaliate for U.S. duties imposed on Chinese goods as well as on steel and aluminum imports from the European Union, Canada and Mexico.
The affected countries have in turn targeted U.S. agricultural products, including soybeans, dairy, meat, produce and liquor.
The U. S. exported 138 billion dollars in agriculture products in 2017, including 21.5 billion dollars of soybeans, the most valuable export.
China alone imported 12.3 billion dollars of U.S. soybeans last year, according to the U.S. Department of Agriculture.
On Tuesday, the Trump administration said it will use a Great Depression-era program to pay up to 12 billion dollars to help U.S. farmers weather the growing trade war.
Source: Naija News