There has been a steady growth in the mutual fund industry in recent years. Indeed, for the mutual fund industry, the total assets under management (AUM) have increased? 22.86 lakh crore 24.25 lakh crore in June 2018. June 2019, according to data provided by the Mutual Fund Association of India. There are several reasons why mutual funds are so popular among Indians.

Benefits of Mutual Funds

Portfolio diversity

The biggest advantage of investing in mutual funds is portfolio diversification. When you invest in mutual funds, your money is invested in different securities in different sectors. This helps to reduce the associated risk due to the volatile nature of the market. Along with mutual funds, you also have the option to diversify into equity and debt funds.

Tax benefits

Some tax-saving mutual funds, such as the Equity Linked Savings Scheme (ELSS) offer dual benefits. It can provide good returns in the long run and reduce tax deductions. Under Section 80C of the IT Act, investments made in this scheme? Are you eligible for tax benefits? 1.5 lakh. ELSS is one of the best tax saving mutual funds.

Expert management

One key advantage is that you do not have to allocate resources or conduct research on your own. All your investments are managed by an experienced fund manager. Fund managers constantly study to better understand the market and the trends of different companies. Based on your income, risk profile and savings goals; They will invest your money in suitable assets.

Small investment

With Mutual Funds, you have the advantage of investing through SIP. A systematic investment plan allows you to make small regular investments instead of paying a handful. Can you start with as low? 500. It makes their investment much easier. By reducing the risk associated with investing in mutual funds, SIPs give you an average cost advantage of Rs. There are also some tax saving SIP schemes.

Disadvantages of mutual funds

Mutual funds also carry some risks and difficulties.

Management costs

Mutual funds are managed by experienced professionals, but the service comes at a price. A fee is charged for the administration and management of the mutual fund. This fee is known as the expense ratio, and is usually between 0.5% and 1.5%. Expenditure ratio cannot exceed 2.5%.

Market risk

With mutual funds, there is a 15 to 18% chance of earning high returns. However, there is a level of risk associated with them, as they depend on market performance. Therefore, before investing, one must keep in mind that the return on a mutual fund is not guaranteed.

It is best to research well before investing. For example, a tax saver scheme may include a lock-in period. You need more than luck to succeed in affiliate business.

Good communication is very important for the success of any business. One of the communication challenges that many businesses face today is the intergenerational workforce. People are working longer hours and retiring later in life, which means that today’s workforce is more generationally diverse than ever before.

Each of these generations brings valuable capabilities, skills and talents to your business but their communication style is also different. These differences in communication and culture can be a challenge between you and your staff, creating potential conflicts and inequalities. By understanding the core values ​​of each generation and what is important to them, you will be able to effectively manage communication across generations and work together as an integrated team.

Multi-generation and challenges in the workplace

There are five distinct generations in today’s workforce, each with different attitudes and values. Each of them has its own preferred method of communication and access to information.

These communication differences between generations can lead to misunderstandings and potential work conflicts. The older generation prefers to communicate face to face or via phone call and email while the younger generation chooses online communication and quickly adopts new technology. These different choices can sometimes make it harder for you to share information with your employees, spend valuable time, and often create excitement.

Here is a breakdown of core values ​​and work ethic across generations:

Generation Z – 1996 to present

The youngest age group is just entering the workforce, similar to the Generation Z Millennium – they are inspired by inclusion in the team project where everyone works together to reach a goal. Generation Z is the use of text and facetime for communication.

Basic values ​​and working principles

Generation Zaire has a strong sense of self-expression and independence and they want to be fulfilled in their jobs. They look to mentors for guidance and knowledge and are looking for job security.

Millennium – 1977 to 1995

Millennials work best in a comfortable and flexible work environment. They like to work in teams and are good at multitasking and blocking the confusion around them. This generation prefers to communicate via text and online and quickly research any information they need using Google.

Basic values ​​and working principles

Millennials focus on both professional and personal achievements, bringing their ambition and creativity to the workplace.

Generation X – 1965 to 1976

Generation X’s are probably the most self-reliant of all generations, in a home where both parents worked. They place a lot of value on the balance of careers, focusing more on the family than their work. They communicate best through text and email without being confronted.

Basic values ​​and working principles

Generation Xs need both direction and structure of their work, asking questions to confirm information and stay on track. They have high job expectations for themselves and their colleagues.

Baby Boomers – 1946 to 1964

Sometimes referred to as both the “I” and the “workaholic” generation, baby boomers often put work ahead of their personal lives. Enjoying team engagement and multitasking, this generation prefers to communicate via phone call or face to face, printing paper copies with digital information.

Basic values ​​and working principles

Baby Boomers have a strong work ethic and they believe that anything is possible. They value personal growth and are extremely ambitious, putting a lot of high quality into their work.

Traditionalist – Born before 1945

Also known as the “silent” generation, traditionalists were raised as “not seen and heard.” They bring it to the workplace, working hard and rarely questioning what they have been asked. This generation still prefers to communicate by phone or in writing and has a harder time than other generations adopting new technologies in the workplace.

Basic values ​​and working principles

Traditionalists are dedicated to their work and have a high level of discipline and respect for those in power. They put their work first and can be relied upon to view any work through competition with high quality.

Effective communication across generations

Bringing together five generations of employees in the workplace is not always easy, there are some things you can do to create positive and effective communication among all members of your team.

In addition to understanding the inspiration and values ​​of each generation, both you and your employees can use these 4 tips to promote better communication:

1. Avoid generational bias

In order to communicate well with everyone on your team, you need to avoid focusing on racial bias. Depending on their age and generation, stereotyping individuals may have unfair judgment and unproductive work relationships. Instead, acknowledge the racial differences and consider the strengths and motivations of each team member to build relationships across all ages.

2. Create intergenerational teams

Uses different generations with individuals who bring different skills and ideals to the table when assembling teams for projects and work. It builds a team that is more innovative and diverse, which can come up with new and creative ways to solve problems.

3. Start good communication

Focus on using strong and efficient communication skills to collaborate across your business:

• Positive body language – Use a combination of expressions and gestures to show attention and interest, such as open arm and eye contact.
• Active Listening – Active listening practice can help you understand what is being said.
• Show empathy – Empathy when communicating shows that you can understand the other person’s point of view and point of view which can help you build a stronger connection.
• Clarity and Confidence – Being clear and confident leads to clarity and expectations that are not misunderstood.

4. Use different methods of communication

Compromise across communications throughout your business and use a few methods to share information and keep employees up to date. This includes digital, verbal and written communication. When your business is intergenerational it is always best to use several platforms. This way you can be sure that all your employees have received the information they need in the style of communication that they feel most comfortable using.

The final word

Successfully managing an intergenerational workforce is about understanding the differences in communication and work style between your employees. You will be able to improve both productivity and morale by using the tips given here to improve communication by making the most of the skills and values ​​of both young and old generation in your workplace.

Take a look at the visual guide Turbo Tenant Below for a summary of these tips:

BERLIN – In the interests of Libya’s protracted civil war, world powers and other nations agreed on Sunday to honor a multi-pronged arms embargo, cut off military support to the warring parties and push them to reach a full ceasefire, German and UN leaders said.

The agreement was reached after nearly four hours of negotiations at the Chancellery in Berlin. German Chancellor Angela Merkel has invited leaders from 11 countries, including Libya’s two main rival leaders, in the German capital but not at the main conference table.

The organizers knew that “we must succeed in speaking with one voice to all parties involved in the Libyan conflict in any way possible, because then the Libyan internal parties will realize that there is only one non-military way to resolve it,” Merkel said. “We have achieved this result here.”

Libya has been plunged into more chaos since the 2011 overthrow and assassination of longtime dictator Moammar Gadhafi. It is now divided into rival administrations, each supported by a different nation: the UN-recognized government is based in Tripoli, headed by the sovereign, and a country to the east, supported by Hefter’s forces.

Heftar’s forces have been on the offensive since April, besieging Tripoli in an attempt to seize the capital. Heftar’s forces are backed by Egypt, Russia and the United Arab Emirates, while the Tripoli government has returned to Turkey for troops and weapons.

A ceasefire brokered by Russia and Turkey earlier this month marked the first ceasefire in months, but has been repeatedly violated.

Among those present on Sunday were Russian President Vladimir Putin, Turkish President Recep Tayyip Erdogan, French President Emmanuel Macron, Italian Prime Minister Giuseppe Conti, British Prime Minister Boris Johnson and US Secretary of State Mike Pompeo.

Participants agreed that “we want to respect arms embargoes, and arms embargoes will be more tightly regulated than in the past,” Merkel said. He added that the outcome of the conference should be approved by the UN Security Council.

Libya’s two main rival leaders, Prime Minister Fayez Sarraj and General Khalifa Haftar, have each named five members of a military committee that will represent them in talks on a more permanent ceasefire, Merkel said.

UN Secretary-General Antonio Guterres said the committee would be convened “in Geneva the next day”.

Merkel said the summit participants agreed that they would no longer support the warring parties in Libya before the committee meeting and would “suspend operations as long as there is a ceasefire.”

However, there was no clear commitment to withdraw existing military support. Merkel said it was a question of a real ceasefire.

He said the conference did not discuss specific sanctions for violating the arms embargo.

The summit’s final statement said participants “would escalate the conflict against all actors or call on the United Nations to refrain from any activity that is inconsistent with the arms embargo or ceasefire, including funding military capabilities or hiring mercenaries.”

Guterres said the Berlin conference had succeeded in avoiding “real regional growth risks”.

“That risk was avoided in Berlin – but of course, it is possible to maintain the ceasefire and then go to the ceasefire,” he said.

Guterres stressed the urgency of the next step, saying all participants were “committed to putting pressure on the parties to reach a full ceasefire.”

“We cannot observe anything that does not exist,” Guterres said.

Merkel added that participants would continue to hold regular meetings to ensure that the process continues “so that the Libyan people have the right to a peaceful life.”

Sarraj and Hifter did not meet in Berlin.

“We spoke to them individually because the differences between them are so great that they are not talking to each other at the moment,” Merkel said.

The two men were not direct participants in the conference, but were in Berlin and were aware of the development, he added.

“We know that today’s signature is not enough,” said German Foreign Minister Heiko Moss.

He said countries that were not invited on Sunday would be given the opportunity to attend future meetings of four committees working on various aspects of the crisis between their military problems and the economy.

“We know the work has just begun,” Mas said.

On Sunday, Libya’s National Oil Corporation said guards under the command of Hifter’s forces had closed two main oil fields in the country’s southwestern desert, after previously closing all eastern export terminals. Only offshore areas and a small facility are open, the corporation said.

Guterres said he was “very concerned” about oil development. Germany’s Maas says he and Merkel have discussed the blocked terminal with Sarraj and Heftar.

“Both sides have stated that they are ready in principle to find a solution,” he said, adding that “this depends on a number of conditions.”

Russian Foreign Minister Sergei Lavrov was quoted by Russian news agencies as saying that the conference was “very useful”.

Pompeope said that “I think we have made progress – at least progress in getting new weapons, less new forces in the region so that we can have at least a stalemate,” given the opportunity to work towards a political solution.

The Berlin Agreement was immediately met with some skepticism, though.

Anas Gamati, founder of a Tripoli-based organization, said: “This is a very good discussion and photography, but there are still no measures in place to actively prevent a country from violating the arms embargo.” Think-tank Sadeq Institute.

Claudia Gazini, a Libyan analyst with the International Crisis Group, said the idea of ​​a “military committee” was new and certainly one step ahead of where we were in Moscow last week. .

“But in Libya there is a tendency for delays to be synonymous with committees,” he added. “I think there will be a lot of whimsy.”

___

The Associated Press journalist in Cairo, Isabel Debre, contributed to this report.

Frank Jordans and Gair Molson, Associated Press

Consumer interests and behavior are pushing the boundaries of traditional marketing strategies, forcing companies to become more competitive and relevant with digital marketing options. Since not everyone has the time to go back to college or have the money to earn an advanced degree in marketing, there are a few more ways you can improve your skills in digital marketing.

Take professional courses

There are many professional courses offered online in digital marketing that can bring you the most up-to-date information at your convenience. Many times companies will rely on industry professionals to lead these courses and give students assignments that reflect the real-world needs of the field. If you don’t have the time or resources to go back to school, getting a digital marketing certificate online can help you stand out from the rest of the industry and prepare for the transformation of marketing.

Stay with industry experts

What better way to learn the path to success than to follow those who have gone before you? Industry experts like Eyal Gutentag know the trends, coordination and consumer mentality better than anyone and you can learn a lot by following their progress and reading their content. You will be able to highlight the basics of the field, but you will also be exposed to the changes that are taking place in digital marketing.

Find free courses

Companies like Coursera offer free courses in various subjects for those who want to improve their knowledge in a particular subject. You will also find that several online sites offer free digital marketing courses that can take you through some of the basics of strategy, market understanding and trending software.

Those in charge of design and execution now need skills in sales, copywriting, analysis, digital media and creative direction if they want to point their strategy at consumer trends. These options can improve your understanding of a prosperous area of ​​business.

BERLIN – In the interests of Libya’s protracted civil war, world powers and other nations agreed on Sunday to honor a multi-pronged arms embargo, cut off military support to the warring parties and push them to reach a full ceasefire, German and UN leaders said.

The agreement was reached after nearly four hours of negotiations at the Chancellery in Berlin. German Chancellor Angela Merkel has invited leaders from 11 countries, including Libya’s two main rival leaders, in the German capital but not at the main conference table.

The organizers knew that “we must succeed in speaking with one voice to all parties involved in the Libyan conflict in any way possible, because then the Libyan internal parties will realize that there is only one non-military way to resolve it,” Merkel said. “We have achieved this result here.”

Libya has been plunged into more chaos since the 2011 overthrow and assassination of longtime dictator Moammar Gadhafi. It is now divided into rival administrations, each supported by a different nation: the UN-recognized government is based in Tripoli, headed by the sovereign, and a country to the east, supported by Hefter’s forces.

Heftar’s forces have been on the offensive since April, besieging Tripoli in an attempt to seize the capital. Heftar’s forces are backed by Egypt, Russia and the United Arab Emirates, while the Tripoli government has returned to Turkey for troops and weapons.

A ceasefire brokered by Russia and Turkey earlier this month marked the first ceasefire in months, but has been repeatedly violated.

Among those present on Sunday were Russian President Vladimir Putin, Turkish President Recep Tayyip Erdogan, French President Emmanuel Macron, Italian Prime Minister Giuseppe Conti, British Prime Minister Boris Johnson and US Secretary of State Mike Pompeo.

Participants agreed that “we want to respect arms embargoes, and arms embargoes will be more tightly regulated than in the past,” Merkel said. He added that the outcome of the conference should be approved by the UN Security Council.

Libya’s two main rival leaders, Prime Minister Fayez Sarraj and General Khalifa Haftar, have each named five members of a military committee that will represent them in talks on a more permanent ceasefire, Merkel said.

UN Secretary-General Antonio Guterres said the committee would be convened “in Geneva the next day”.

Merkel said the summit participants agreed that they would no longer support the warring parties in Libya before the committee meeting and would “suspend operations as long as there is a ceasefire.”

However, there was no clear commitment to withdraw existing military support. Merkel said it was a question of a real ceasefire.

He said the conference did not discuss specific sanctions for violating the arms embargo.

The summit’s final statement said participants “would escalate the conflict against all actors or call on the United Nations to refrain from any activity that is inconsistent with the arms embargo or ceasefire, including funding military capabilities or hiring mercenaries.”

Guterres said the Berlin conference had succeeded in avoiding “real regional growth risks”.

“That risk was avoided in Berlin – but of course, it is possible to maintain the ceasefire and then go to the ceasefire,” he said.

Guterres stressed the urgency of the next step, saying all participants were “committed to putting pressure on the parties to reach a full ceasefire.”

“We cannot observe anything that does not exist,” Guterres said.

Merkel added that participants would continue to hold regular meetings to ensure that the process continues “so that the Libyan people have the right to a peaceful life.”

Sarraj and Hifter did not meet in Berlin.

“We spoke to them individually because the differences between them are so great that they are not talking to each other at the moment,” Merkel said.

The two men were not direct participants in the conference, but were in Berlin and were aware of the development, he added.

“We know that today’s signature is not enough,” said German Foreign Minister Heiko Moss.

He said countries that were not invited on Sunday would be given the opportunity to attend future meetings of four committees working on various aspects of the crisis between their military problems and the economy.

“We know the work has just begun,” Mas said.

On Sunday, Libya’s National Oil Corporation said guards under the command of Hifter’s forces had closed two main oil fields in the country’s southwestern desert, after previously closing all eastern export terminals. Only offshore areas and a small facility are open, the corporation said.

Guterres said he was “very concerned” about oil development. Germany’s Maas says he and Merkel have discussed the blocked terminal with Sarraj and Heftar.

“Both sides have stated that they are ready in principle to find a solution,” he said, adding that “this depends on a number of conditions.”

Russian Foreign Minister Sergei Lavrov was quoted by Russian news agencies as saying that the conference was “very useful”.

Pompeope said that “I think we have made progress – at least progress in getting new weapons, less new forces in the region so that we can have at least a stalemate,” given the opportunity to work towards a political solution.

The Berlin Agreement was immediately met with some skepticism, though.

Anas Gamati, founder of a Tripoli-based organization, said: “This is a very good discussion and photography, but there are still no measures in place to actively prevent a country from violating the arms embargo.” Think-tank Sadeq Institute.

Claudia Gazini, a Libyan analyst with the International Crisis Group, said the idea of ​​a “military committee” was new and certainly one step ahead of where we were in Moscow last week. .

“But in Libya there is a tendency for delays to be synonymous with committees,” he added. “I think there will be a lot of whimsy.”

___

The Associated Press journalist in Cairo, Isabel Debre, contributed to this report.

Frank Jordans and Gair Molson, Associated Press

If you are thinking of starting a small business, but do not want to put all your savings into the venture, you have other options. Here are four strategies to fund a new business that can help you get it off the ground and run.

Personal loan

Talk to lenders about a personal loan to help you meet the financial needs of your new endeavor. Simple Path Financial is a lender that offers a variety of loan options that can make starting your dream business a reality.

Be careful when using personal assets in your business, as this may expose you to increased liability or blur the lines between personal and business accounts. Consult your attorney or financial advisor on how to keep financially separate.

Business loan

If you decide to go it cheap and risk the low bandwidth you are only fooling yourself. New businesses may need a personal guarantee without a proven track record of their financial stability, but it will create a clear division of finances.

Crowdsourcing

Crowdfunding has been used lately for everything from medical bills to final expenses. Take advantage of trends and harness the power of the public to help finance your startup. Use reputable crowdfunding sites designed for entrepreneurs for best results

Start-up grants

Another way to raise money without having to pay for your business is to check the available grants. Depending on the goals and structure of your new company, you may be able to apply for and secure a substantial amount of money. Be prepared to complete reports to document your progress and achievements, as most donors will need them.

Whether you choose to fund a new business, make sure you have a clear plan that sets clear, realistic and achievable goals. It can help you manage finances and keep the company on track for success.

AUSTIN, Texas – President Donald Trump on Sunday thanked farmers for supporting him through a trade war with China as he promotes a new North American trade agreement and a separate agreement with China that he says will greatly benefit farmers.

“We did it,” Trump said, recalling his campaign’s commitment to improving America’s trade relations with other countries.

Speaking at a convention of the American Farm Bureau Federation, Trump said he had gained strong support among farmers since signing a preliminary trade agreement with China last week.

When Trump spoke to the American Farm Bureau Federation last year, he urged farmers to continue supporting him even after he was financially damaged by his trade war with China and partial shutdown by the federal government.

His follow-up speech Sunday at this year’s convention in Austin, Texas, gave him the opportunity to sue farmers that he had pledged as a candidate to improve trade with China and separately with Canada and Mexico.

He thanked the farmers for being in the “fight”.

“You’ve always been with me,” Trump said. “You never thought of giving up and we did.”

The Republican president wants to stay in office for another term and wants to increase support within his base, including the peasantry.

Trump has announced that he is taking steps to protect the water rights of farmers and ranchers by instructing the Army Corps of Engineers to immediately repeal a new water supply rule and allow states to operate water resources based on their own needs and what the farming community wants.

“Water is the lifeblood of agriculture and we will always protect your water supply,” Trump said.

Trump signed a preliminary trade agreement with China at the White House on Wednesday, promising Beijing that it would increase imports of US manufacturing, energy and agricultural products to 200 200 billion this year and next. That includes larger purchases of soybeans and other farm supplies expected to reach $ 40 billion a year, the United States said, although critics are wondering if China can meet the targets.

In Austin, Trump described the trade deal with China as “groundbreaking” and said, “We’re going to sell the biggest product you’ve ever seen.”

Also last week, the Senate voted overwhelmingly Favors US-Mexico-Canada agreement, successor to the 1994 North American Free Trade Agreement. The administration has drafted new contracts to return some factory products to the United States, most of them automobiles.

Trump told Austin that U.S. farmers would also benefit under the USMCA, which he said would “greatly increase exports” for farmers, ranchers, farmers “from north to south” and “from sea to bright sea.”

NAFTA initiated trade growth between the three countries, but Trump and other critics blamed it for the loss of U.S. jobs when American factories shifted production south of the border to take advantage of lower wages. Labor Mexico.

The House passed the US-Mexico-Canada agreement in December. Trump said he would sign it after returning from a tour of Europe this week.

In his remarks aimed at farmers, Trump claimed that his administration was doing something no other administration has done.

“And what can I get out of it? I get sued,” he said. “That’s what I get. By these far-left lunatics, I get sued.

The President’s trial in the Senate is in full swing on Tuesday.

___

Follow Darlene Superville on Twitter: http://www.twitter.com/dsupervilleap

Darlene Superville, Associated Press

When you run a small business you may want to consider implementing your own dedicated server. With just two computers, you can already read the problem of efficiency, and in today’s environment with increasing data volume and becoming more important, having your own server may be the best solution for your company. Your business IT environment will support and even improve your workflow and workplace productivity.

As with any investment for your business, consider the pros and cons carefully before purchasing a dedicated server. Price tags don’t have to be heavy as you can choose new, refurbished or even used models Whatever Small business server As you choose, you must first understand why your business will benefit from it.

Security and safety of your business information

Installing and constantly updating antivirus or spyware software on just one or two computers can be relatively easy. However, when you have 5 or more users, it can be a hassle. With business-sensitive files on the computer, potentially harmful viruses can infect your system.

With a dedicated server, you have the ability to run software that scans for virus threats from just one machine connected to the network. The system administrator can perform network-wide scans and remove malicious files, as opposed to each user performing these time-consuming tasks individually. After all, what is your company without its important files?

Data storage

The risk of viruses and spyware does not increase with the number of users in your small business, so does your risk of data loss. Data loss is inevitable. Whether it is due to a distraction or an inadvertent user error, it does. Without maintaining a dedicated server and saving all the important files, it can create a serious risk for your business.

A dedicated server, such as from a well-known brand Dale Or HP, Will allow you to create backups of your important business files. Instead of having your entire system flat when a machine goes down, you can rely on centralized and secure storage of your data on your server.

Central file storage and sharing

With multiple users or employees in your business, the simultaneous use of company files and applications is common. A dedicated server will allow you to fully customize the access and permissions granted to a particular computer, as opposed to the full access of each user. The system administrator will have the power to decide which files or applications are available to individual users.

Resource sharing across multiple computers

Using a server allows small business individuals to share useful resources. Whether it’s access to printers, applications, or even Internet access, it’s just across the network. This could allow for remote access which is becoming increasingly common in today’s work environment. Being able to pull data without being physically present is one of the biggest advantages of having a dedicated server. Devices only need Internet access to be able to access email, applications, internal data, and more.

Skills

By storing all company data with a dedicated server, computers from all the individual companies on the network will not be burdened by this function. In a standard setup, each user needs storage capacity to handle all company files. With the implementation of a server, you will be able to offload large bundles of data from the computer and save it centrally instead.

This setup will free up memory on your computer and increase their performance. Implementing a server will allow you to use older, older and slower computers because most files will not be stored on them. The requirements for adding a new computer to the server are also significantly lower, making it an economical decision if needed.

The latest thought

Purchase a Small business server Should be seen as a business investment. This will not only increase the productivity of your workflow by eliminating all the unnecessary hassles that come with having multiple computers, but it will also make your IT environment more reliable and secure. To avoid a potential crisis situation where your critical company’s files are either deleted or unavailable, it is best to insure against it in the form of a dedicated server.

AUSTIN, Texas – President Donald Trump on Sunday thanked farmers for supporting him through a trade war with China as he promotes a new North American trade agreement and a separate agreement with China that he says will greatly benefit farmers.

“We did it,” Trump said, recalling his campaign’s commitment to improving America’s trade relations with other countries.

Speaking at a convention of the American Farm Bureau Federation, Trump said he had gained strong support among farmers since signing a preliminary trade agreement with China last week.

When Trump spoke to the American Farm Bureau Federation last year, he urged farmers to continue supporting him even after he was financially damaged by his trade war with China and partial shutdown by the federal government.

His follow-up speech Sunday at this year’s convention in Austin, Texas, gave him the opportunity to sue farmers that he had pledged as a candidate to improve trade with China and separately with Canada and Mexico.

He thanked the farmers for being in the “fight”.

“You’ve always been with me,” Trump said. “You never thought of giving up and we did.”

The Republican president wants to stay in office for another term and wants to increase support within his base, including the peasantry.

Trump has announced that he is taking steps to protect the water rights of farmers and ranchers by instructing the Army Corps of Engineers to immediately repeal a new water supply rule and allow states to operate water resources based on their own needs and what the farming community wants.

“Water is the lifeblood of agriculture and we will always protect your water supply,” Trump said.

Trump signed a preliminary trade agreement with China at the White House on Wednesday, promising Beijing that it would increase imports of US manufacturing, energy and agricultural products to 200 200 billion this year and next. That includes larger purchases of soybeans and other farm supplies expected to reach $ 40 billion a year, the United States said, although critics are wondering if China can meet the targets.

In Austin, Trump described the trade deal with China as “groundbreaking” and said, “We’re going to sell the biggest product you’ve ever seen.”

Also last week, the Senate voted overwhelmingly Favors US-Mexico-Canada agreement, successor to the 1994 North American Free Trade Agreement. The administration has drafted new contracts to return some factory products to the United States, most of them automobiles.

Trump told Austin that U.S. farmers would also benefit under the USMCA, which he said would “greatly increase exports” for farmers, ranchers, farmers “from north to south” and “from sea to bright sea.”

NAFTA initiated trade growth between the three countries, but Trump and other critics blamed it for the loss of U.S. jobs when American factories shifted production south of the border to take advantage of lower wages. Labor Mexico.

The House passed the US-Mexico-Canada agreement in December. Trump said he would sign it after returning from a tour of Europe this week.

In his remarks aimed at farmers, Trump claimed that his administration was doing something no other administration has done.

“And what can I get out of it? I get sued,” he said. “That’s what I get. By these far-left lunatics, I get sued.

The President’s trial in the Senate is in full swing on Tuesday.

___

Follow Darlene Superville on Twitter: http://www.twitter.com/dsupervilleap

Darlene Superville, Associated Press