The US president, Donald Trump, said Saturday that the partial agreement reached with China to start a truce to the trade war between the two countries is very favorable for farmers and the US technology and financial services sectors.
“The agreement I just made with China is, by far, the best and biggest deal that has been made for our patriotic farmers in the history of our country. In fact, there is doubt about whether you can produce as much product or not. Our farmers will solve it. Thank you China! ”Trump said on his Twitter account.
The agricultural and livestock sectors of the United States had been the hardest hit by the tariff war between Washington and Beijin, so this pact principle should soften the impact on the country's farmers.RELATED
The rural vote was key for Trump in the 2016 presidential election, as he won with a wide margin in eight of the ten states with the highest proportion, such as Montana and West Virginia.
The president explained that other aspects of the agreement, such as the technology, financial services and aeronautics sectors, are also “great” for the interests of the North American country.
In his tweet, Trump also thanked several Republican senators, such as Chuck Grassley and Joni Ernst, for their involvement and support during negotiations with China.
The US and China reached a “significant” partial agreement yesterday to give a truce to the commercial war that they have waged since last year, and could sign it during the APEC summit that will be held in November in Chile, according to Trump.
Under the agreement, Washington decided to suspend its plan to raise Chinese import tariffs of $ 250,000 million from 25% to 30%, while China promised to acquire between $ 40,000 and $ 50,000 million in US agricultural products, according to the White House.
In principle, the pact will be put on paper over the next four weeks and the goal is for Trump and Chinese President Xi Jinping to sign it during the summit of the Asia-Pacific Economic Cooperation Forum (APEC) to be held in Santiago de Chile on November 16 and 17.