Listen closely, and one can almost hear the peals of laughter from a bureaucrat in the Chinese ministry of commerce…
Jeff Stein reports Chinese-owned company qualifies for Trump’s anti-China farm bailout:
A Chinese-owned pork producer is eligible for federal payments under President Trump’s $12 billion farm bailout, a program established to help U.S. farmers hurt by Trump’s trade war with China.
Smithfield Foods, a Virginia-based pork producer acquired in 2013 by a Chinese conglomerate now named WH Group, can apply for federal money under the bailout program created this summer, said Agriculture Department spokesman Carl E. Purvis.