European Union agrees to buy more United States soy, import more liquified gas

by Ben Pena July 26, 2018, 2:17
European Union agrees to buy more United States soy, import more liquified gas

"President Trump must find a way out of this mess so that Iowa's farmers and manufacturers are no longer targets of this trade war." . "They are being vicious in what will be their failed attempt". As the dispute escalates, China and other importers have slapped tariffs on incoming shipments of USA soybeans, dairy, meat, produce, and liquor.

Speaking ahead of the White House talks, Juncker admitted he was "not very optimistic", while Trump kicked off the day with a combative series of tweets vowing "no weakness" in the multiple fights he has launched with America's trade partners.

They also agreed to increase trade in services and agriculture, including greater U.S. soy bean exports to the EU. The Trump administration justifies the move on the grounds of national security and a growing trade deficit-arguments those countries dismiss as farcical.

It all offers food for thought as Juncker and Trump meet Wednesday, with the European official aiming to head off additional trade barriers, particularly on autos.

'Negotiations are going really well, be cool.

Google says Android provides choice, plans to appeal European Union antitrust fine
Regulators have also alleged that Google sought to prevent manufacturers from using alternatives to its Android operating system. The Commission focused on three specific Google trade practices, which it found to be illegal .

"We just want it to be a level playing field for our farmers, for our manufacturers, for everybody", Trump said, suggesting the European Union could also be a "big beneficiary" of a revised trading agreement. "The end result will be worth it!" "We urge the Administration to recognize this self-inflicted damage and to end the trade war immediately as well as to work within the rules-based trading system in partnership with like-minded countries to address serious problems in the global economy". He's felt the impact of the trade wars directly as milk prices plummeted again this year following a long downward slide.

The administration's $12 billion plan will use two commodity support programs in the farm bill and USDA regulatory authority meant to stabilize the agricultural economy in periods of economic instability, according to two sources who spoke to Politico.

- "We are ready": Juncker' - While Juncker is set to make a last effort to talk Trump out of the auto tariffs, which would hit Germany's dominant carmakers hard, he warned on ZDF that if the U.S. moved ahead, "we are in a position to respond appropriately right away".

The US and European Commission Presidents discussed the implementation of 20 percent tariffs on EU steel and aluminium introduced last month as well as Mr Trump's threats to expand those measures to European cars. The President's announcement of billions of dollars in aid that will be made available to struggling farmers later this year is encouraging for the short term. Officials said the direct payments could help producers of soybeans, which have been hit hard by retaliation to the Trump tariffs, along with sorghum, corn, wheat, cotton, dairy and farmers raising hogs.

As part of the initiative to be announced on Tuesday, the USDA is expected to draw on the financial resources of a program known as the Commodity Credit Corporation, which helps shore up US farmers by buying their crops. The U.S. Chamber of Commerce estimates those farmers will lose an estimated $12 billion from trade with China alone. As for how farmers can apply for assistance, those details are still being worked out. Bob Corker (R-Tenn.), calling the tariffs "a massive tax increase on American consumers and businesses" and the emergency aid "welfare to farmers". "I think it will only put out the fire a little bit".

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