U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Tru...
CHICAGO/WASHINGTON - U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to help American farmers cope with the heavy impact of the U.S.-China trade war on agriculture.
Negotiators from Washington and Beijing met on Friday for the latest round of trade talks but Trump said on Friday morning there was “no rush” to reach a deal. The American Farm Bureau Federation said it was too soon to throw its support behind another potential program to assist farmers. However, any funds from U.S. tariffs go into the U.S. Treasury’s general fund, and Congress - not the White House - directs U.S. spending.
The White House previously used Commodity Credit Corporation funds to offset farm income losses in trade disputes. The CCC is a branch of the USDA that has broad authority to make loans and direct payments to U.S. growers when prices for corn, soybeans, wheat and other agricultural goods are low.Perdue said last month when the United States and China looked to be making progress toward a trade deal the Trump administration did not have plans to provide farmers with more aid.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. planning to support farmers amid China trade spat: agriculture secretaryU.S. Agriculture Secretary Sonny Perdue said on Friday President Donald Trump ha...
Leer más »
Trump's secretary of state warned Britain and savaged China in a stinging attack on HuaweiOn a trip to the UK, Mike Pompeo questioned the UK's decision to involve Huawei in the building of its 5G network.
Leer más »
POLITICO Playbook: Will Democrats start playing hardball with Trump?Michael Cohen is going to prison today, per AP: “Once he gets to prison, Cohen will undergo medical and mental health screenings and be assigned a job, such as mowing the grounds or cleaning up the visiting room.' More in Playbook:
Leer más »
US tariffs on China jump as deadline passes, China immediately says it will retaliateThe Trump administration is hiking duties on $200 billion worth of Chinese products to 25% from 10%.
Leer más »
China's Sinopec, CNPC skip Iran oil buys for May as U.S. sanctions waivers end: sourcesChina Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC...
Leer más »
Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanctionsChina Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC...
Leer más »
Cramer Remix: China needs us more than we need ChinaJim Cramer explains how the United States has the upper hand in trade negotiations with our stronger, cash fueled economy.
Leer más »
US Navy destroyers sail near disputed islands claimed by China in South China SeaTwo U.S. guided missile destroyers sailed near disputed islands claimed by China in the South China Sea on Monday, the U.S. Navy says in a statement.
Leer más »
Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival.
Leer más »
Apple shares drop 7% this week on fears China trade turmoil threatens iPhone growth plansApple shares have slid steadily amid tumultuous U.S. trade negotiations with China, as investors fear CEO Tim Cook's warning earlier this year about iPhone sales in China may yet come true.
Leer más »
US plans to hike tariffs Friday, saying China broke promisesWASHINGTON (AP) — Accusing Beijing of 'reneging' on commitments it made in earlier talks, U.S. Trade Representative Robert Lighthizer said Monday that the Trump administration will increase its tariffs on $200 billion in Chinese goods early Friday, a sharp escalation in a yearlong trade dispute
Leer más »