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How Trump's 'Phase One' US-China trade deal affects farmers


Added 12-13-19 03:04:02pm EST - “While optimistic, farmers say the deal? can't be a "Phase-One-and-done."? U.S.-China trade relations have? a long way to go before farmers can recover from what they've lost as a result of the nearly two-year-long trade war so far.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “How Trump's 'Phase One' US-China trade deal affects farmers”. Below is an excerpt from the article.

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President Trump discusses China’s purchase of agricultural products under the phase one trade deal.

Farmers welcomed an announcement from the White House on Friday saying Phase One of a U.S.-China deal has been reached.

President Trump said during a Friday press briefing that Phase One includes an agreement from China to buy $50 billion worth of U.S. agricultural products, though other sources say the number could be lower at around $32 billion over two years.

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