President Trump's trade war with China is set to make an $89-billion profit after compensation payments for China tariffs against U.S. farmers. Globalists claimed that Americans would suffer the greatest harm from President Trump's trade war with China.  But it is China that is suffering its first current account deficit in 25 years, while the U.S. economy continues to see high growth. The area of American weakness in the trade war has been U.S. farmers, who are hurting from China's retaliatory tariffs.  But President Trump has authorized the Department of Agriculture to offer "Market Facilitation Program" (MFP) payments of up to $125,000 to small and medium-size farmers. Trump tariffs slapped on China for unfair trade policies generated about $41 billion in revenue for the U.S. Treasury in F.Y. 2018.  But with China slapping retaliatory tariffs on U.S. exports of soybeans, pork, almonds, cherries, cotton,...(Read Full Post)