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Ex-Trump adviser Gary Cohn: China tariffs "totally hurt the U.S.". President Donald Trump hinted Friday that more farm bailouts could be on the way, "PAID FOR OUT OF THE MASSIVE TARIFF MONEY COMING INTO THE USA.". Tariffs on imports are paid by U.S. companies and consumers, however. The all-caps tweet comes after U.S. Department of Agriculture chief economist Robert Johansson said that U.S. agricultural exports to China will reach $14 billion in the current fiscal year ending in September, a boost of $4 billion from a year earlier. That's a far cry from the $40 billion to $50 billion in annual agricultural exports that were part of the Phase One trade deal signed in a White House ceremony i... Full story

22 February