U.S. Farms Would Not Require Any Further Aid Under Phase 1 Deal- Says Agriculture Secretary

  • Jan 21, 2020 AEDT
  • Team Kalkine

The phase 1 trade deal between the United States and China would now support the U.S. agriculture industry and there would no need for the third year of aid for farmers- says U.S. Agriculture Secretary- Sonny Perdue.

  • The United States farmers have suffered a great deal from the bilateral trade dispute, and from the last two years, the government has provided aid, which would no longer be required, as China promised to buy a great deal of agricultural product.
  • China would extend the purchase to U.S-based farm goods to meet the purchase agreement sum of USD 40 billion.


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