Trump, EU trade deal averts trade war, tariffs

Ann Santiago
July 28, 2018

Speaking to veterans in Kansas City, Missouri, the president urged farmers to "just be a little patient". "We will also work to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products as well as soybeans".

Saying farmers want "trade, not aid" he claimed the administration's cross-border commercial bickering is forcing it 'to invoke a welfare policy for our farmers, which I'm sure is not what they wish'.

Reuters are reporting that President Donald Trump's plan for "vast amounts" of US LNG exports to the European Union after trade talks with its top representative may not pan out. "This administration will not stand by while our hard-working agricultural producers bear the brunt of unfriendly and illegal tariffs". "If tariffs punish farmers, the answer is not welfare for farmers - the answer is remove the tariffs", Paul tweeted.

The administration's action appeared to divide Republicans, with some praising the move and others troubled by what they view as the kind of widespread government-assistance program their party has traditionally opposed.

All major automakers, including Ford Motor Co, which will have an F-150 pickup truck on display at the White House exhibit, oppose imposing vehicle and parts tariffs of up to 25 per cent. Ben Sasse, R-Neb. "The best relief for the president's trade war would be ending the trade war". Ultimately, that will make cars more expensive for United States consumers. He told reporters he entered Wednesday's meeting with the intention of reaching an agreement with Trump.

"It doesn't take a week", Trump added. After she said Trump would sign the bill, the president joked: "Unless I don't sign it".

Even Iowa Republican Sen.

WTO Director-General Roberto Azevedo said Wednesday he is hoping to "stop this trend" of growing restrictions on trade.

The US and European Union are now working to resolve their differences over steel and aluminium - but the tariffs are still in place. It's as simple as that'.


Ivanka Trump said it would help 11 million students and workers across the country acquire the technical skills they need to thrive in an increasingly digital economy.

DBV, an association of German farmers, said it welcomed de-escalation in the trade dispute but did not expect changes in soybean trade. U.S. Steel cited low oil prices - because the mill produces steel for oil refineries and the auto industry - as well as the availability of cheap, imported steel. China alone imported $12.3 billion of U.S. soybeans past year, according to the U.S. Department of Agriculture.

"Tariffs are the greatest!".

Farmers have called on Trump to back down from his tariff strategy, but Trump made clear as recently as earlier Wednesday that he had no plans to, believing it gives him the upper hand in negotiations.

Later this week, Trump will visit Iowa and IL, two other farm-belt states, as he seeks to shore up support for Republican candidates in the U.S. Midwest.

Trump has been talking for months about finding ways to aid farmers as China, in particular, has canceled orders for soybeans and other crops.

Soybeans being sorted according to their weight and density on a gravity sorter machine at Peterson Farms Seed facility in Fargo, North Dakota, U.S., December 6, 2017.

Trump and Juncker were expected to make statements at a joint event following their meeting at the White House on trade, US officials said.

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