USA farmers: We need markets not cash handouts

EUR  USD Advances as Trump Secures Concessions from EU to Avoid Trade War

EU Trade Commissioner Cecilia Malmstrom, who is accompanying Juncker, expressed some optimism that a solution could still be found, but also said the EU is drawing up a list of $20 billion in USA products to be targeted for retaliation if the trip fails. The newly-introduced tariffs had a particular impact on the EU-produced steel and aluminum, while US President Trump also suggested introducing a 20% duty on all European imported cars.

President Donald Trump is reportedly ready to push forward with a 25-percent tariff on imported cars ahead of a scheduled meeting with European Commission President Jean-Claude Juncker today.

The EU would increase purchases of liquefied natural gas (LNG) from the United States, President Trump said, making them a "massive buyer".

Mark Martinson, who raises crops and cattle in north-central North Dakota and is president of the US Durum Growers Association, said the $12 billion figure "sounds huge" but there are many farmers in need.

On Twitter, Trump says people "snipping at your heels during a negotiation" will only delay the process. Remember, we are the "piggy bank" that's being robbed.

"The programs we're announcing today are a firm statement that other nations can not bully our agricultural producers to force the United States to cave in", Agriculture Secretary Sonny Perdue said.

In other words, there may be some truth to the claim trade-weighted currency levels adjusted for inflation are distorted in Germany as well as the U.S.

Ambiguous comments from homeland chief on election meddling
It took the president several attempts to walk back his comments, amplifying the fallout from his joint appearance with Putin. In May, she said she was unaware of intelligence assessments concluding that the Kremlin was clearly playing favorites.

"I know that Trump's tariffs targeting China will have some effect, but we're not anxious at all, since we're producing foreign flags every single day", she said. Trump has also said he is considering tariffs on imports of automobiles, an action the European Union hopes to head off.

"We appreciate the president following through on his pledge that America's farmers won't bear the brunt of the economic losses generated by the current trade conflicts", Mulhern said. "Are they truly going to get us a solution that will make things better?"

The CCC will also use its Charter Act authority for a Trade Promotion Program administered by the Foreign Agriculture Service (FAS) in conjunction with the private sector to assist in developing new export markets for farm products.

"He is working with the Department of Agriculture to protect them and he'll keep doing that", White House Deputy Press Secretary Hogan Gidley told reporters during Air Force One Gaggle. Fall is the biggest season for American soybean farmers. After $34 billion in tariffs against China went into effect earlier this month, China responded with its own equivalent tariffs soon after, targeting USA agricultural products including soy, corn, wheat, pork, poultry and more. Rand Paul (R-Ky.) referred to the aid as "welfare for farmers". "ASA continues to call for a longer-term strategy to alleviate mounting soybean surpluses and continued low prices, including a plan to remove the harmful tariffs". "America's farmers don't want to be paid to lose - they want to win by feeding the world".

The Trump administration's move on Tuesday to help farmers hurt by the trade wars has not stopped the barrage of criticism it has faced over its underlying trade policy.

Two top European Union officials are in Washington to avert a trade clash on cars, but Donald Trump's tweets bode ill for the meeting.

Rules for the programs have not been fully developed, and an exact date for rollout has not been determined, though Ibach said officials are targeting Labor Day.

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