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IPFS News Link • Trump Administration

Trump announces 'biggest deal ever' with China for US farmers


"The deal I just made with China is, by far, the greatest and biggest deal ever made for our Great Patriot Farmers in the history of our Country," the president tweeted on Saturday, in his signature hyperbolic style. "In fact, there is a question as to whether or not this much product can be produced? Our farmers will figure it out. Thank you China!"

Trade delegations from the US and China reached a "very substantial phase one" deal on Friday, covering intellectual property, financial services, and agricultural products. While the actual agreement may take several weeks to finalize, planned tariff increases on Chinese goods have been shelved, and Beijing has agreed to buy between $40 billion and $50 billion worth of American agricultural goods.