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Total payments to farmers reached $46 billion, a record. Many received more than $100,000, yet didn't necessarily need the help.
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The president-elect can undo many of Trump's tariffs with the stroke of a pen, but he's unlikely to do so now that the tenor of the U.S.-China relationship has changed.
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The presumptive Democratic nominee spoke in a new interview with Hispanic and Black journalists about how he would reverse president's policies on the border wall and tariffs on China.
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The reduced tariffs are to take effect next Feb. 14. The move comes after the Trump administration agreed to halve tariffs on about $112 billion in Chinese goods.
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Democratic U.S. Senator Sherrod Brown of Ohio is blasting the White House's trade deal with China, calling it "much ado about nothing." Republican U.S.…
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President Trump signed a trade deal with China on Wednesday. The agreement relaxes some U.S. tariffs on Chinese imports. In exchange, China is expected to buy more from the U.S.
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Farmers got more than $22 billion in government payments in 2019 — and most of the money came through a program that Congress never approved. It's the highest level of farm subsidies in 14 years.
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The AFL-CIO president praised the agreement, which includes stronger enforcement of labor and environmental provisions. One lawmaker called it "a triumph for workers everywhere across America."
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The U.S. economy is still growing, but trade tensions have taken a toll — especially on factories and farms. The trade war's impact on the overall economy is being debated.
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The trade war with China is weighing on America's manufacturers. "[The tariff burden] comes out of our bottom line," says Dan Digre, president of Misco, a speaker-maker in Minnesota.