Trump in high-stakes balancing act between oil and corn ahead of 2020 bid


  • World
  • Friday, 06 Sep 2019

FILE PHOTO: U.S. President Donald Trump reacts at a campaign rally at the Resch Center Complex in Green Bay, Wisconsin, U.S., April 27, 2019. REUTERS/Yuri Gripas/File Photo

WASHINGTON/NEW YORK (Reuters) - At a closed-door meeting at the White House on Aug. 19, President Donald Trump looked increasingly alarmed as his top envoy to China delivered evidence of rising Farm Belt frustration over his biofuel policy along with a stark warning: You've got a problem in Iowa.

Terry Branstad, the former Iowa governor and now U.S. ambassador to China, told Trump that while farmers may have remained loyal to him despite the economic pain caused by the more than year-long trade war with China, they would not stomach policies favouring the oil industry at their expense, according to four people familiar with the substance of the meeting.

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