President Donald Trump addressed farmer and rancher members of the American Farm Bureau Federation for the third year in a row Sunday, and promised to be back next year while continuing to fight for what is important to them.
When Trump spoke to the American Farm Bureau Federation's convention a year ago, he urged farmers to continue supporting him even as they suffered financially in the fallout from his trade war with China and a partial shutdown of the federal government.
The Phase 1 trade deal with China was meant to reduce tensions after 18 months of a tit-for-tat tariff war between the world's two largest economies that has hit global growth.
President Donald Trump championed a pair of trade victories at a farm convention Sunday in Austin, Texas.
Perhaps most significantly, the Phase 1 deal did nothing about the US key complaint that China uses illicit trade practices in its drive to surpass the United States in such advanced technologies as robotics and quantum computing.
The so-called USMCA replaces the North American Free Trade Agreement, which had eliminated most trade barriers among the United States, Canada and Mexico. -China trade deal. A "phase two" deal may be coming, although the timing is unclear, and many people (including us) are skeptical that it will happen any time soon.
"Passage of the USMCA has been a top priority for Farm Bureau and other farm organizations, and we're excited to have achieved the milestone of congressional passage", CFBF President Jamie Johansson said.
There is a lot of speculation among Trade Experts and Economists about just how much agricultural products China, Mexico and Canada will buy from the U.S.
Twins sign Josh Donaldson for up $100M
Last season with the Braves Donaldson was plus-15, second best at his position in the Major League Baseball . The Twins went 101-61 last season to win the division but were swept out of the playoffs by the Yankees.
The United States-Mexico-Canada Agreement includes new provisions for digital commerce and more stringent rules of origin for auto parts.
The agreement has been approved by Mexico's legislature but has yet to pass through Canada's Parliament.
Republican Senator Joni Ernst told Fox Business Network that she expected Trump to hold a signing ceremony next week.
Due to the tariff war, United States businesses have been affected forcing owners to make decisions about job cuts and raising prices of products. That's what i get out of it.
"By these radical-left lunatics I get impeached. That's what I get out of it". "But that's OK. The farmers are sticking with Trump".
While the USA administration completed its negotiations with Canada and Mexico more than a year ago, Democrats in the House insisted on changes that they said made it more likely Mexico would follow through on its commitments.
Implementation Act (HR 5430) was approved in the US Senate by a vote of 89-10, sending it to the President.