Farmers hope to benefit from China deal

By

Opinion

January 16, 2020 - 10:39 AM

On Wednesday, the United States and China signed off on the first phase of a trade agreement that plants some relationship certainty in the ground. Yes, this will be good for Midwest farmers.

We’re describing it as a trade deal, but it’s as much a temporary cessation of hostilities as it is the dawning of a new era. We’ll take it. Global trade is enormously important to the Midwest’s farmers and manufacturers. Trade disruptions are costly. Speaking of which, there’s other news to celebrate: The Export-Import Bank is back in full operation after a long period in political limbo. More about that below.

AN EXTRA $80 BILLION FOR U.S. FARMERS

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