Tariff truce is light at the end of the tunnel for US farmers

PHOTO: AFP

WASHINGTON - Markets are bound to be relieved that China and the US have paused their trade war, opening a 90-day window for negotiations as their two leaders met over dinner in Argentina on the sidelines of the Group of 20 summit on Saturday (Dec 1).

For American farmers, who have suffered since President Donald Trump unleashed tariffs on China, and Beijing hit back with its own tariffs, mostly on American agricultural products, the truce is light at the end of a tunnel of falling profits.

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