US government to pay farmers hurt by China trade war $16bn

As trade talks are set to resume after a two-month halt, an aid package will see producers paid up to $150 per acre The US government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16bn with farmers in the South poised to see higher rates than in the midwest.As US and Chinese negotiators prepare to meet face-to-face for the first time since talks on the dispute collapsed in May, the agriculture secretary, Sonny Perdue, said the package showed that Donald Trump knew farmers were “fighting the fight”. Continue reading...

Read more: https://www.theguardian.com/business/201...

Similar news

Singapore's economy dodges technical recession after growing 0.6% in the third quarter 0 0 0
Kurds strike deal with Syrian government amid Turkish onslaught 0 0 0
Researchers experimenting with psychedelics to treat addiction, depression and anxiety 0 0 0
Vigil held for woman fatally shot in home by Fort Worth officer 0 0 0
2 killed in New Orleans Hard Rock Hotel construction collapse 0 0 0
Asia shares cheered by Sino-.U.S. trade progress 0 0 0
Mercosur Bloc and Other South American Countries Condemn Unrest in Ecuador 0 0 0
"I am banned in China. I am censored," says pop star and activist Denise Ho 0 0 0
Researching psychedelics to treat addiction 0 0 0
Japanese rescue crews continue search efforts in wake of Hagibis 0 0 0