Many farmers doubt a coming aid package will be anywhere near enough to make up for a trade spat that has shut them out of a lucrative Chinese market of 1.4 billion consumers
Stalled trade talks between Beijing and Washington are exacerbating a slump in the U.S. Farm Belt, and many farmers don’t believe an aid package being assembled by the Trump administration will be enough to compensate for the economic damage.
Agriculture has been among the U.S. economic sectors hit hardest by the yearlong trade conflict with China. Now that a deal has slipped from the grasp of negotiators, farmers are facing the likelihood that the deepest downturn in the agricultural economy since the 1980s could be prolonged.
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