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Chinese-owned pork producer qualifies for money under Trump's farm bailout

A Chinese-owned pork producer is eligible for federal payments under President Donald Trump's $12 billion farm bailout, a program that was 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.JBS, a subsidiary of a Brazilian company by the same name, is also eligible to apply for the federal money. The two companies are the biggest pork producers in the United States, according to the National Pork Board, a quasi-government agency.

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Beaumont Enterprise
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