In a survey conducted by FOX Business with 687 farmers, almost a third said they are starting "losing confidence" in the Trump's ability to reach a deal with China.
"I guess we would make more of an effort to get something planted", Hefner said. Specifically, the President has authorized USDA to provide up to $16 billion in programs, which is in line with the estimated impacts of unjustified retaliatory tariffs on US agricultural goods and other trade disruptions.
Trump said on Monday that his administration was planning to provide about $15 billion in aid to help USA farmers. But "farmers themselves will tell you they'd rather have trade than aid", said Agriculture Secretary Sonny Perdue. "I can assure you that a farmer, if they found their local grain elevator had been cheating them for years, they wouldn't continue to do business with them", said Perdue. The U.S. has said it's prepared to hit China with new tariffs even as Trump said he'll meet his Chinese counterpart, Xi Jinping, at next month's G-20 summit in Japan, an encounter that could prove pivotal.
Perdue also said the second and third tranches, with exact amounts yet to be decided, will be dependant on the progress in the trade talks and whether the US will get a deal with China. Huawei has sought to alleviate those concerns and has rejected assertions that it would facilitate spying by Beijing.
Trump again claimed that China is paying the 25 percent tariffs he has imposed on $200 billion in imports, which economists agree are paid by businesses and consumers.
Chinese Ambassador Cui Tiankia said Tuesday in a Fox News interview there were training centers for those convicted of minor offenses.
"The US use of state power to arbitrarily exert pressure on a private Chinese company like Huawei is typical economic bullying", Wang said.
China retaliated with its own levies on U.S. imports, but it was Washington's subsequent move against Huawei that took the trade war into a new phase, stoking fears about risks to global growth and knocking financial markets.
"On every front, we are fighting for our great farmers, our ranchers, our growers", Trump said in a statement Thursday. "We will be taking in, over a period of time, hundreds of billions of dollars in tariffs and charges to China". U.S. Trade Representative Robert Lighthizer has filed the official paperwork to raise the tariffs, which could happen next month.
Kentucky Governor Matt Bevin signed a "Memorandum of Understanding" with Chinese leaders at the event to help smooth over trade tensions.
Chinese surveillance equipment maker Hikvision says it takes USA concerns about its business "very seriously" and is taking measures to ensure it complies with human rights standards.
The United States is seeking sweeping changes to China's trade and economic policies, including an end to forced technology transfers and theft of USA trade secrets.
The US earlier this month raised duties on $200bn worth of Chinese imports US from 10% to 25%. The U.S. Department of Agriculture said that as of Sunday farmers had planted only 49% of the corn they said they had planned to plant, the lowest percentage at this point in the calendar since 1980.