Trump touts farm aid to offset trade dispute woes. More here:
FILE PHOTO: U.S. President Donald Trump speaks about the investigations by Special Counsel Robert Mueller and the U.S. Congress into himself and his administration in the Rose Garden of the White House in Washington, U.S., May 22, 2019. REUTERS/Leah Millis
“It’s happening, it’s happening fast and I think things probably are going to happen with China fast because I cannot imagine that they can be thrilled with thousands of companies leaving their shores for other places,” Trump said during remarks at the White House, providing no evidence of such an exodus.
Both countries have blamed each other for the breakdown in talks, which were intended to end trade tensions between the world’s two largest economies marked by tit-for-tat tariffs. After Trump imposed tariffs on Chinese goods last year, China curbed purchases of U.S. soy, leaving farmers sitting on a stockpile of the commodity. China has also retaliated with tariffs on U.S. corn, pork and other products.
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