Trump told the American Farm Bureau Federation's 101st annual convention in Austin, Texas.
"I think that all elements of this trade deal are going to help sustain economic growth in China for the foreseeable future", he added.
Last week, the Senate passed the U.S. -Mexico-Canada Agreement (USMCA), which is expected to be signed by President Donald Trump this week. Moreover, the United States will maintain up to 25 percent tariffs on an estimated $360 billion of Chinese goods; China has levied new tariffs on $100 billion worth of US products and is expected to maintain a lot of them. The Chinese said they would "strive" for another $10 billion in agricultural purchases, but warned those sales would be dictated by market demands.
"What do I get out of it? I get impeached", Trump said.
The "phase one" deal marks a truce in the two countries' trade war after almost two years of tensions.
Morrow County Commissioner Tom Whiston was one of 4 OH county commissioners to attend the signing of the deal with China on January 15.
China had targeted USA agricultural products for retaliatory tariffs during the two-year dispute. While surveys have found the president has strong support from farmers, the Texas Democratic Party was critical of the president's policies ahead of his visit.
Because independent farmers often depend on profits from good crop years to pay bills in years where crops don't do so well.
"When it comes to the environment, I will always trust a farmer over a Washington bureaucrat or a left-wing extremist", he said.
The final installment of the aid is coming "very quickly", Trump added. The Senate approved the deal, which is a rewrite of the North American Free Trade Agreement, on Thursday.
"As long as I'm president, America will never micromanage American waters", he said.
Trump announced he is taking steps to protect the water rights of farmers and ranchers by directing the Army Corps of Engineers to immediately withdraw a new water supply rule and allow states to manage water resources based on their own needs and what the agricultural community wants.
The president's appearance at the conference is his third in as many years, underscoring the political importance the White House places on the nation's approximately 3 million farmers. "They're sticking with Trump", he said, to which the crowd gave the President a standing ovation. He slammed left-wing politicians, saying they "are not for the farmer" and want to "load you up with regulations so you can't live, you can't breathe", though he did not provide evidence of such efforts.
With assistance from Mike Dorning. That's a reversal from September, when 45% disapproved of Trump's approach and just 43% approved.