U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Tru...
CHICAGO/WASHINGTON - U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to help American farmers cope with the heavy impact of the U.S.-China trade war on agriculture.
The latest round of trade talks between Washington and Beijing ended on Friday after 90 minutes, the same day increased tariffs on Chinese goods went into effect. Trump said talks would continue but there was “no rush” to reach a deal. Trump on Twitter erroneously wrote that China would pay the tariffs. However, it is the importer - usually U.S. companies or the U.S.-registered units of foreign companies - that shoulder the costs.
U.S. Customs and Border Protection collects the tax on imports. The agency typically requires importers to pay duties within 10 days of their shipments clearing customs.
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