To watch the full video of President Donald Trump addressing the American Farm Bureau click here.
AUSTIN, Texas (AP) — President Donald Trump thanked farmers for supporting him through a trade war with China Jan. 19 at the American Farm Bureau Federation’s convention as he promoted a new North American trade agreement and a separate one with China that he said will massively benefit farmers.
Support
At one point during his address to the American Farm Bureau Federation’s convention, Trump said he has strong support among farmers following his signing last week of a preliminary trade deal with China.
When Trump spoke to the American Farm Bureau Federation last year, he urged farmers to continue supporting him even during his trade war with China and a partial shutdown of the federal government.
His follow-up speech at this year’s convention in Austin, Texas, gave him a chance to make the case to farmers that he kept promises he made as a candidate to improve trade with China and separately with Canada and Mexico. He thanked farmers for staying “in the fight.”
“You were always with me,” Trump said. “You never even thought of giving up and we got it done.”
Water
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.
“Water is the lifeblood of agriculture and we will always protect your water supply,” Trump said.
Trade deals
Trump signed a preliminary trade deal with China at the White House Jan. 15 that commits Beijing to boosting its imports of U.S. manufacturing, energy and farm goods by $200 billion this year and next. That includes larger purchases of soybeans and other farm goods expected to reach $40 billion a year, the U.S. has said, though critics wonder if China can meet the targets.
In Austin, Trump described the trade agreement with China as “groundbreaking” and said, “We’re going to sell the greatest product you’ve ever seen.”
Also last week, the Senate voted overwhelmingly in favor of the U.S.-Mexico-Canada Agreement, a successor to the 1994 North American Free Trade Agreement. The administration designed the new agreement to return some factory production to the United States, mostly automobiles.
Trump said in Austin that U.S. farmers will also benefit under USMCA, which he said will “massively boost exports” for farmers, ranchers, growers from “North to South” and “from sea to shining sea.”
NAFTA had triggered a surge in trade among the three countries, but Trump and other critics blamed it for U.S. job losses brought about when American factories moved production south of the border to take advantage of low-wage labor in Mexico.
The House passed the U.S.-Mexico-Canada deal in December. Trump said he would sign it after he returns from a trip to Europe the week of Jan. 20. In his remarks to farmers, Trump claimed his administration is doing things no other administration has ever done.
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The president failed to mention that individual farm bankruptcy is at very high levels and the government subsidies seem to benefit large corporate farms that are even foreign owned instead of family owned farms.