Trump: China being ‘vicious’ by hitting US farmers with tariffs

AP/Jae C.
Hong

President Donald Trump on Wednesday lashed out at China in what
is the latest escalation in the trade spat between the world’s
two largest economies. 

“China is targeting our farmers, who they know I love &
respect, as a way of getting me to continue allowing them to take
advantage of the U.S.,” Trump tweeted, “They are being vicious in
what will be their failed attempt. We were being nice – until
now! China made $517 Billion on us last year.”

Trump’s tweet comes less than 24 hours after the US Department of
Agriculture
authorized $12 billion of support for farmers and ranchers
hurt by tariffs imposed by China.

The Trump administration imposed a 25% tariff on about $34
billion worth of Chinese goods earlier this month, and has
another $16 billion pending. Beijing retaliated with tariffs of
its own on $34 billion worth of American products, including
soybeans. 
Trump has threatened to
place tariffs on all $505 billion worth of Chinese goods
imported by the US.

This story is developing.