June 25, 2019
Latest News

Trump pledges another $16 bn for farmers hurt by Chinese tariffs

Washington, May 23 (efe-epa).- President Donald Trump on Thursday approved a second aid package for US farmers, this one for $16 billion, with the aim of alleviating the effects of his trade war with China.

"We will ensure our farmers get the relief they need and very, very quickly," Trump said at a meeting with agricultural producers at the White House.

"The farmers have been attacked by China," Trump said. "But the $16 billion of funds will ... make clear that no country has veto on America's economic and national security."

A few hours earlier, Agriculture Secretary Sonny Perdue said in an interview with Fox News that Trump had approved the aid package, adding that the funds will be funneled to farmers who have been hurt by China's tariff reprisals

In 2018, the US had announced a similar assistance program for $12 billion for the agriculture and livestock sector.

According to Perdue, part of the $16 billion will be used to help farmers access other markets and, if China decides not to buy US produce then farmers will simply sell their products to other countries.

Among those markets, Perdue listed India, the Philippines, Malaysia and Thailand.

As an example of the effects of the trade war, US soybean exports to China have plunged by more than 80 percent this past year as Beijing has switched to buying the grain from Brazil and Argentina.

The trade war between Washington and Beijing heated up in early May, when the US increased tariffs from 10 percent to 25 percent on more than 5,000 Chinese import products valued at some $200 billion per year.

Trump, who has been critical of Beijing's negotiating stance and tactics, also threatened to impose similar tariffs on the rest of China's exports to the US, valued at some $325 billion, if Beijing proves unwilling to strike a trade deal.

The president said on Thursday that he is "optimistic" that he will be able to come to a trade arrangement with China to halt the tit-for-tat tariff hikes and the trade war in general, and he noted that he is scheduled to meet with Chinese President Xi Jinping at the G20 summit in Osaka, Japan, within a month.

In reprisal for the recent measures announced by Trump, China is planning to impose tariffs of 25 percent on $60 billion worth of US imports on June 1.

In 2018, the US exported good valued at $120 billion to China while US imports from the Asian giant totaled some $540 billion.

News history
India, Nigeria surveys suggest spike in drug use

Vienna, Jun 26 (efe-epa).- The United Nation's latest report on drug use revealed a 30 percent increase on 2009 with regards to the consumption of narcotics...

Bolsonaro's legacy of Japanese jokes may cloud G20 summit in Japan

Sao Paulo, Jun 25 (efe-epa).- Brazilian President Jair Bolsonaro is traveling to Japan on Tuesday night for the G20 summit and among his baggage is a...

Bolivia calls violence against women a national emergency

By Yolanda Salazar

Trump denies raping woman in 1990s

Washington, Jun 25 (efe-epa).- President Donald Trump has denied allegations that he raped E. Jean Carroll in the 1990s, saying in an interview published...

Pompeo arrives for surprise meeting in Afghanistan

Kabul, Jun 25 (efe-epa).- US Secretary of State Mike Pompeo on Tuesday arrived in Afghanistan for an unannounced meeting with President Ashraf Ghani ahead...

China defends Xinjiang detention centers, invites Bachelet

Geneva, Jun 25 (efe-epa).- China on Tuesday defended its controversial detention of thousands of people in Xinjiang province in the country's northwest at...

Kazakh city of 45,000 evacuated following massive explosions

Nur-Sultan, Jun 25 (efe-epa).- Some 42,000 people were evacuated after a fire sparked a series of massive explosions at a military arsenal in the southern...

ICJ: Myanmar must reform discriminatory citizenship laws

Yangon (Myanmar), June 25 (efe-epa).- Myanmar must immediately reform its citizenship laws, which at present legitimize the discrimination of minorities and...

From NY's Stonewall revolt to old age frailty, back to closet

By Jorge Fuentelsaz

Japan's PM survives no-confidence vote over pension report scandal

Tokyo, Jan 25 (efe-epa).- Opposition lawmakers in Japan unsuccessfully tabled a motion of no-confidence against Prime Minister Shinzo Abe on Tuesday after...

Four Chinese nationals charged over Cambodia building collapse that killed 28

Bangkok Desk, Jun 25 (EFE).- Four Chinese nationals were charged by a Cambodian court Tuesday in connection with a building collapse that killed 28 people...

Iran says new US sanctions end any chance of diplomacy

By Sune Engel Rasmussen in Beirut, Aresu Eqbali in Tehran and Dov Lieber in Jerusalem

Iran says sanctions shows US lies, Bolton insists Trump ready to talk

Tehran/Jerusalem, Jun 25 (efe-epa).- Iran's President Hassan Rouhani on Tuesday hit out at fresh sanctions leveled against Tehran by the United States and...

Peruvian sentenced to 10 years in prison for cocaine trafficking in Indonesia

Jakarta, Jun 25 (EFE).- An Indonesian court on the island of Bali has on Tuesday sentenced a Peruvian citizen to 10 years in prison for smuggling 1.7...

"Here we are again": Joshua Wong upbeat after massive Hong Kong protests

Hong Kong, Jun 25 (efe-epa).- Born to a humble Hong Kong family 11 months before the city was handed over to China by the United Kingdom in July 1997,...

3 Chinese banks deny being probed by US in relation to North Korea sanctions

Beijing, Jun 25 (efe-epa).- Three Chinese banks have denied that they were involved in any investigation related to possible violations of North Korea...

US president to meet Saudi, Turkish, German leaders on G20 summit sidelines

Washington DC, June 24 (efe-epa).- The president of the United States is set to meet Saudi Arabia's crown prince, the Turkish president and the German...

Japanese-Americans interred in WWII see parallel to detained migrants' plight

By Ana Milena Man

US tutor cares for kids whose parents might be deported

Miami, Jun 24(efe-epa).- Activist Nora Sandigo, who legally tutors a class of more than 1,500 children of undocumented immigrants in the US to keep them out...

Trump: Kim Jong-un sent me birthday congratulations in letter

Washington, Jun 24 (efe-epa).- President Donald Trump said Monday that North Korean leader Kim Jong-un recently sent him birthday congratulations in a...

Trump imposes sanctions on Iran's supreme leader

Washington, Jun 24 (efe-epa).- President Donald Trump signed Monday an executive order imposing financial sanctions on Iran's supreme leader, the Ayatollah...

Mark T. Esper takes over at Pentagon after Shanahan steps down

Washington, Jun 24 (efe-epa).- The former secretary of the Army, Mark T. Esper, on Monday took over as acting defense secretary, replacing Patrick Shanahan,...

Mexican gov't takes charge of seaweed response

Mexico City, Jun 24 (efe-epa).- The Mexican government is dealing with the mass of sargassum seaweed piling up on its Caribbean beaches as a problem of...

Bogota, Jun 24 (efe-epa).- The 49th General Assembly of the Organization of American States (OAS), which begins later this week in the northwestern...

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.