Tuesday, June 26, 2018

Never underestimate America’s farmers

The White House • June 26, 2018


"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," Agriculture Secretary Sonny Perdue begins a USA Today op-ed this week. "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."

China accounts for 87 percent of counterfeit goods seized coming into the United States, and its intellectual property theft costs American innovators billions of dollars per year. A U.S. Trade Representative investigation identified several aggressive technology policies from China that put an incredible 44 million American jobs at risk.

President Trump has taken long overdue action to address China's unfair trade practices. Regrettably, China chose to retaliate, raising tariffs on $50 billion of U.S. exports. "China apparently has no intention of changing its unfair practices," President Trump said in a June 18 statement. "China might underestimate the strength and resolve of American farmers, but the president does not," Secretary Perdue writes.

President Trump will protect American farmers from China's trade retaliation.
 
Go deeper: How the President is standing up to China's unfair trade practices


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