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Trump says he is ‘reversing decades of failed trade policies’

President Trump discussed trade issues in his speech in southwest Iowa on Tuesday.

“We’re reversing decades of failed trade policies, opening up new markets, and fighting to give our farmers the fair and level playing field they deserve,” Trump said. “You’ve never had a fair playing field, for the last 15 to 20 years. You were taken advantage of by stupidity, by incompetence, by people that didn’t care. You were really treated very badly—but you’re not being treated badly anymore.”

Trump talked about standing up to “China’s chronic trade abuses”.

“For years, China imposed massive barriers to American farm goods, stole our intellectual property, and plundered vital trade secrets—from even American agribusiness,” he said. “They’ve been taking out of our country for many years—500 billion dollars a year—and somebody had to say ‘no more’.

“Somebody had to do it. We couldn’t take it any longer.”

Trump said it’s time for Congress to bring the U.S.-Mexico-Canada agreement up for vote.

“USMCA will replace NAFTA, one of the worst deals ever made by any country on trade—and expand market access for American agriculture products very, very substantially. This deal is amazing for our farmers.”

Trump spoke at the Southwest Iowa Renewable Energy ethanol plant near Council Bluffs, Iowa.

AUDIO: Excerpt from President Trump’s speech

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