Economics
Trump Hints at More Trade Aid as Farmers Absorb ‘Body Blow’
- Rising worry over long-term U.S. losses in China market share
- Rural voters’ support crucial to Trump’s re-election bid
A harvest at a farm in Kirkland, Illinois.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
President Donald Trump said he’s prepared to deliver more aid to farmers hurt by the trade war with China, but concerns are growing that the U.S. agriculture industry could suffer a long-term loss of market share as other countries rush in to fill Chinese orders.
The nation’s leading farm group on Monday called China’s decision to halt imports of U.S. agricultural products “a body blow” to the nation’s farmers, a crucial constituency for Trump.