Washington - The United States on Thursday unveiled a new US$16 billion aid package to help farmers caught in the crossfire of President Donald Trump's trade war with China.
"Farmers would rather have trade than aid but without the trade they are going to need some support." Soybeans and pork have been primary targets, but many other crops have suffered directly or indirectly.Soybean exports to China fell 75 per cent in 2018, according to Commerce Department figures. "China hasn't played by the rules for a long time and President Trump is standing up to them, sending the clear message that the United States will no longer tolerate their unfair trade practices," Perdue said.The US Department of Agriculture will calculate damage done by the retaliation, and officials said the first of three payments is expected to go out in July or August.
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