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More Trade Assistance for Farmers Coming? | KTIC Radio

More Trade Assistance for Farmers Coming?

More Trade Assistance for Farmers Coming?
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U.S. Ag Secretary Sonny Perdue is in Japan this week, talking with officials from America’s fourth-largest agricultural customer. In a Twitter post, the secretary says he was on the phone with President Trump and discussed the increase in tariffs on $200 billion in Chinese imports and the negative impact it will have on farmers.

Perdue’s tweet says, “While China may backtrack, @POTUS is steadfast in his support for U.S. farmers. He directed @USDA to quickly put together a plan to help American farmers. @POTUS loves his farmers and will not let them down!” Perdue will make stops in Japan and South Korea, participating in the G-20 Agriculture Minister’s Meeting.

President Trump said in a Friday Twitter post that the increase in the tariffs will be used to buy farm goods. He expects the new duties to generate more than $100 billion in extra revenue. The president was unhappy with the pace of negotiations and increased duties from 10 to 25 percent on $200 billion worth of Chinese goods. In a Friday tweet, Trump said, “You’re all-time favorite president got tired of waiting for China to help out and start buying from our FARMERS, the greatest anywhere in the world!” Beijing has promised to retaliate in kind.

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