President Donald Trump heads to Iowa this week to shore up his rural base and promote the U.S.-Mexico-Canada agreement, fresh from dropping a threat to impose new tariffs that farm groups and lawmakers feared could jeopardize congressional approval of the North American trade pact.
For the second month in a row, agricultural producer sentiment experienced a big decline, erasing all gains recorded following the November 2016 election and indicating weaker expectations for the future.
President Donald Trump says he’s still confident the U.S. and China can reach a deal to end the trade war, but talks have all but collapsed, both sides are threatening even more or steeper tariffs and the U.S. is scrambling to protect farmers with more aid.
Vice President Mike Pence said Thursday that the White House is considering providing additional assistance to farmers to compensate them for the income they have lost from the Trump administration’s trade war with China.
When President Donald Trump fired off a pair of tweets on Sunday, he set the stage for a market shakeup at home and abroad as politicos and producers alike tried to determine where global trade talks stood.