Trump gives farmers $16 billion in aid amid prolonged China trade war
Story Date: 5/24/2019

 

Source: Anna Swanson, NY TIMES, 5/23/19

President Trump on Thursday unveiled a $16 billion bailout for farmers hurt by his trade war with Beijing, signaling a protracted fight ahead that is already prompting some American companies to shift business away from China. Mr. Trump, flanked by farmers and ranchers in cowboy hats during remarks at the White House, said China had “taken advantage” of the United States for far too long and vowed to protect an industry that has been “used as a vehicle” by Beijing to hurt America’s economy.

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