Chinese-owned company qualifies for Trump’s anti-China farm bailout
Story Date: 10/25/2018

 

Source: Jeff Stein, WASHINGTON POST, 10/23/18


A Chinese-owned pork producer is eligible for federal payments under President Trump’s $12 billion farm bailout, a program that was established to help U.S. farmers hurt by Trump’s trade war with China. Smithfield Foods, a Virginia-based pork producer acquired in 2013 by a Chinese conglomerate now named WH Group, can apply for federal money under the bailout program created this summer, said Agriculture Department spokesman Carl E. Purvis.

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