Farmers hit "big ticket" with US-China deal, says Trump

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(Washington) Donald Trump was delighted Saturday to have concluded with China the "best and biggest deal" ever for US farmers, after the announcement of a partial agreement with Beijing that has yet to be clarified and signed.


France Media Agency

"The agreement I just made with China is by far the best and biggest deal ever for our great patriot farmers in the history of our country. In fact, one might even wonder whether we can produce or not as much goods? Our farmers will find the solution. Thank you China! "Tweeted the US president.

"Other aspects of the agreement are also fantastic – technology, the financial sector, 16-20 billion Boeing aircraft, and so on. Donald Trump added, without specifying what types of orders, old or not, he was referring to.

Contacted by AFP, Boeing did not wish to react.

"But wow, the farmers really hit the jackpot! "Hammered the US president.

He announced Friday a partial trade agreement, but "very important" with China after negotiations in Washington, in the presence of Vice Premier Liu He.

Beijing has pledged to buy more agricultural products from the United States, a move long sought by the US president seeking a second term in 2020. It should benefit some of its potentially key electorate: farmers .

In return, China has obtained that Trump waives the 25-30% increase in punitive tariffs on $ 250 billion of Chinese imports into the United States, which was to take effect on Tuesday.

American farmers had been particularly targeted by Chinese retaliation. The Trump administration had to release $ 28 billion in federal aid to mitigate their losses.

The trade war, which poisons relations between Beijing and Washington, has been reflected since last year by reciprocal customs surcharges on hundreds of billions of dollars in annual trade. And this standoff is now threatening the growth of the world's two largest economies and the rest of the world.



Source link
https://www.lapresse.ca/affaires/economie/201910/12/01-5245156-les-agriculteurs-touchent-le-gros-lot-avec-laccord-e-u-chine-selon-trump.php

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