Ag Secretary Perdue: “Donald Trump Will Protect American Farmers from China’s Trade Retaliation"
“President Donald Trump is standing up to China, which wrongly believes it can bully our farmers to get America to back away from defending our national interests.”
In 2011, a group of Chinese nationals dug up genetically engineered seeds from an Iowa corn field and planned to steal and send them back to China, so they could be reverse engineered. Those seeds, the result of years of research and millions of dollars of American investment, now stand as one of countless pieces of evidence in the case against China for intellectual property theft and unfair trade practices.
American producers have benefited from the policies of the Trump administration, including historic tax reforms and reduced regulations. And farmers know that 20 cents of every dollar of their income relies on trade, which is why they are watching the situation with China closely. The simple truth is that when trading partners break the rules, there must be consequences. There is no denying that the disruption in trade relations with China is unsettling...
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