When President Donald Trump’s administration announced a $12 billion aid package for farmers struggling under the financial strain of his trade dispute with China, the payments were capped. But many large farming operations had no trouble finding legal ways around them, records provided to The Associated Press under the Freedom of Information Act show.
The Trump administration’s Market Facilitation Program is meant to compensate farmers for income they’ve lost due to the U.S. trade war with China.
What happens if President Donald Trump carries out his threat to impose tariffs on the remaining $300 billion in Chinese goods that he hasn’t already hit with 25 percent import taxes?
In a rare confrontation, Republican senators are declaring deep opposition to President Donald Trump’s threatened tariffs on all goods coming into the U.S. from Mexico. But it’s unclear they have the votes to stop him, and Trump said they’d be “foolish” to try.
Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond if it decides the Trump administration’s trade conflicts are threatening the U.S. economy.
China fired back at the U.S. Sunday over the two nations’ trade dispute, issuing a report that blamed the conflict on the Trump administration but refrained from escalating the trade war.
Facing new trade sanctions and a U.S. clampdown on its top telecommunications company, China issued a pointed reminder Wednesday that it has yet to unleash all its weapons in its trade war with the Trump administration.
Iowa farmer Tim Bardole survived years of low crop prices and rising costs by cutting back on fertilizer and herbicides and fixing broken-down equipment rather than buying new.
President Donald Trump’s allies on Capitol Hill are scrambling to soften the blow from his trade war with China amid mounting anxiety from farm-state lawmakers that the protracted battle and escalating tariffs could irreparably damage their local economies.
President Donald Trump said that “there’s a possibility” he would extend a March 2 deadline in trade talks with China if the two countries are closing in on a deal.