Imminent US, China trade deal to help farmers – Trump

President Donald Trump has disclosed an imminent trade deal with China in a bid to help American farmers hurt by retaliation in the grinding conflict between the economic powers.

President Donald Trump again Monday said a trade deal is imminent with Beijing which will help American farmers hurt by retaliation in the grinding conflict between the economic powers.

“We’re looking probably to be ahead of schedule to sign very big portion of the China deal, and we will call it to phase one,” Trump told reporters.

The deal will “take care of the farmers” as well as “some of the other things” like banking, he said in another of his impromptu briefings before departing on a trip to Chicago.

Washington and Beijing have exchanged blows for over a year, with tariffs now impacting hundreds of billions of dollars in two-way trade.

US farmers were the first to be targeted with steep duties on soybeans and pork and the Trump administration has rolled out millions of dollars in support programs to help farmers caught in the crossfire.

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