Trump hails 'cash' to farmers from US aid package in China trade war - Business Insider

President Donald Trump on Sunday welcomed a "cash" payout to American farmers before the Thanksgiving Day holiday that he attributed to China"Our great Farmers will recieve another major round of 'cash,' compliments of China Tariffs, prior to Thanksgiving," he wrote on Twitter.

"The smaller farms and farmers will be big beneficiaries. In the meantime, and as you may have noticed, China is starting to buy big again. Japan deal DONE. Enjoy!"it will begin making a second round of 2019 trade aid payments to US farmers next week. The payments are the second part of a three-tranche $16 billion aid package announced in May to compensate farmers for the. China imposed tariffs on key U.S. agriculture exports including soybeans and pork last year after Trump's administration levied duties on Chinese goods.

The United States and China are trying to negotiate a phase one trade pact to end the tensions, but it is unclear when it might be finalized.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer's week ahead: Home Depot, Target and Macy's earnings — plus US-China trade developmentsThe 'Mad Money' host explains what he will monitor closely next week, including earnings reports from Kohl's and Foot Locker. And with just one tweet - it can all vanish It’s a great realistic bar and whiskey kind of talk about the obvious end of Wall Street happiness. Tennessee
Source: CNBC - 🏆 12. / 72 Read more »

U.S. to extend license for its companies to continue business with Huawei: sourcesThe Trump administration is set to issue a two-week extension of a license allow... Booooo Xenophobia at its most stupid. American corporations pose a far bigger risk to the wider world. Oh, thank goodness we need more bottom end tech.
Source: Reuters - 🏆 2. / 97 Read more »

Freetrade: British Robinhood challenger raised funding to take on US giant - Business InsiderCheck out the pitch deck Freetrade used to get a $15 million Series A to take on Robinhood and Revolut
Source: BusinessInsider - 🏆 729. / 51 Read more »