Washington Edition

US Farmers Hoping the Trump-Xi Summit Will Lift Sagging Fortunes

The agriculture industry has been hit by higher costs, declining exports
President Trump boards Air Force One before his departure from Beijing.Photographer: BRENDAN SMIALOWSKI/AFP

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By now you’ve probably seen plenty of coverage from President Donald Trump’s trip to China – from the “Winners and Losers From Trump and Xi’s Beijing Summit Talks” to “Bolder Xi Moves to Corner Trump With ‘New Relationship’ Talk.” Maybe you even heard China’s President Xi Jinping mention the “Thucydides Trap?” (And you can read more below.) But there was one part of the talks I wanted to focus on that is important to both the midterm elections and the markets.