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Montevideo, November 21st 2024 - 23:57 UTC

Tag: US Great Depression-era program

  • Wednesday, July 25th 2018 - 06:25 UTC

    Trump pledges US$ 12bn to help farmers hit by trade war with China

    The president, speaking at an event in Kansas City on Tuesday, reaffirmed his support for tariffs and pledged that “farmers will be the biggest beneficiary.”

    The Trump administration on Tuesday said it will use a Great Depression-era program to pay up to US$ 12 billion to help U.S. farmers weather a growing trade war with China, the European Union and others that the president began. It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict.