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Trump’s US$50 billion China farm deal ‘not possible’ after trade war market shift
US President Donald Trump’s insistence that China buy US$50 billion worth of American agricultural goods may help drum up electoral support across the Farm Belt, but is “not really possible” in practice, industry insiders have said. The figure has been repeatedly cited by Trump and his supporters as a condition of a trade deal that would see China get some tariff relief, with Iowa Senator Chuck Grassley even tweeting overnight that China best not renege on a “promise made in Oval Office to buy $50-60B of ag products”. China has never confirmed this figure and has pushed back on committing to any fixed ... (full story)
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Confucius: the man who broke the mountain was the same man who started ...
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