World Media

Trump reportedly secures European Union trade concessions; United States markets jump

Trump reportedly secures European Union trade concessions; United States markets jump”

His defense came after his administration announced a plan to provide $12 billion in emergency relief for farmers who have been slammed by the president's trade disputes with China and other countries. We were being nice - until now!

But Trump agreed to "resolve" existing US tariffs on European steel and aluminum as well as Europe's retaliatory tariffs against American motorcycles, bourbon and other products.

European Commission president Jean-Claude Juncker appears to have made several concessions to US President Donald Trump in an effort to avoid a trade war, including buying more US soybeans and LNG. While the U.S.'s tariffs on imports from China, the EU, Canada and Mexico have been relatively blunt, those levied in retaliation have been targeted with great precision at Trump's base, which includes the producers of products such as pork and soybeans.

The EU is prepared to retaliate with tariffs on $20 billion worth of American goods.

In a tweet on Tuesday night, Trump said both the United States and the European Union should drop all tariffs, barriers and subsidies. The world saw a similar playbook when Trump first unveiled the steel and aluminum tariffs in March. On top of that, the Trump Administration is pushing ahead with tariffs on another $16 billion of Chinese goods and has started the process for tariffs on another $200 billion. Pat RobertsCharles (Pat) Patrick RobertsSenate farm bill is lesser of two evils GOP senators introduce resolution endorsing ICE Senate passes mammoth farm bill MORE (R-Ks.) said.

Man United line up alternative targets for Harry Maguire
Yerry Mina and Gary Cahill are two players the Leicester manager could move for as Maguire's value has skyrocketed after the World Cup.

But with Trump expecting Juncker to come to Washington with a "significant" offer - and Brussels saying that won't happen - the outcome of this meeting is too tricky to call.

"If tariffs punish farmers, the answer is not welfare for farmers - the answer is remove the tariffs", Sen.

"If he continues to demand tariff increases as he has been, or if he continues to agree with those who are against China, I definitely would not be able to accept (more orders)", she said.

Reaction from trade partners to Trump's tariff policies have pushed soybean prices about 18 percent lower and corn and pork prices down 15 percent from the time Trump began discussing tariffs this spring. The USDA said it planned to roll out some of those details around Labor Day and the program would begin to make payouts after the fall harvest.

Agriculture Secretary Sonny Perdue said he was acting at President Trump's direction to provide a "short-term solution" to farmers and give the administration time to negotiate a longer term trade deal to help agriculture and other sectors hurt by unfair trading practices by China and others. Ryan said he doesn't support tariffs.

Korean IT entity seeking to operate in Russian Federation
US Secretary of State Mike Pompeo has said the North Korean leader Kim Jong-un must keep his words and denuclearise the country. But Brooks expressed hope those steps are in the works. "To be sure, the physical threats and capabilities are still in place".

"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. "You've got to treat everybody the same".

The Department of Agriculture aid plan includes three programs.

"They have a positive attitude going into this".

On a more macro level, Kenny feels like the bailout is just bad economic policy. Trump wrote, marking a turnaround from July 15, when he called the 28-nation European Union a "foe" on trade.

'Negotiations are going really well, be cool.

Who is Brett Kavanaugh, Trump’s Nominee to the Supreme Court?
Susan Collins of Maine, Lisa Murkowski of Alaska, and Rand Paul of Kentucky could potentially have some problems with Kavanaugh . Supreme Court Justice Anthony Kennedy had a hand in some of the most important environmental law cases in recent history .

The program is set to roll out at the end of August, with some farmers receiving payment by Labor Day.



Like this

Latest


23 July 2018
Who will benefit from the tax cut on sanitary napkins?
If separate returns are to be filed then it will complicate matters for businessmen in both B2B and B2C businesses, he said. Besides revenue collection, the GST council will now focus on job creation as well, the Finance Minister said.

21 July 2018
Trump again praises Putin summit as ‘success despite uproar
The president's tumultuous trip across Europe, historians say, smashed the conventions of American leaders on the world stage. Both Trump and the senator have little interest in seeing the US stick to its traditional role as the world's top cop.

21 July 2018
Storm sinks duck boat in Missouri, killing 17 people, including children
Tragically, a tourism boat sank during a storm while out on the lake, killing 17 people and injuring several others. Video posted on social media shows that boat making it to shore, as well as the winds and waves attacking the boat.

19 July 2018
How an Alleged Russian Spy Gained Access to Elite Conservative Circles
Intelligence officers often use an "official cover" as employees of their home country's foreign ministry. Zakharova added that the Russian authorities were looking to secure access to her.

19 July 2018
Trump and Putin to hold summit talks as twitchy West looks on
While Putin acknowledged Monday that he wanted Trump to win in 2016, Trump insists he hasn't done Moscow's bidding as president. Putin and Trump held their first talks on the sidelines of the Group of Twenty summit in Germany's Hamburg in July 2017.

16 July 2018
Delirious French revel in World Cup victory
For France, losing in the 2016 European Championships final to Portugal in Paris has provided added motivation. As a player, Deschamps, now 49, was one of the most decorated of his era.

16 July 2018
Apple's new MacBook Pros get a much-needed performance boost
The firm is also adding a True Tone display to these, the adaptive display that Apple ships with its iPad Pros. The new computers also feature the new Apple T2 chip, which was first used in last year's high-end iMac Pro .

14 July 2018
Games trade association backs UK Brexit strategy
LONDON (AP) - President Donald Trump says Theresa May is an "incredible woman" who is "doing a fantastic job" as the British prime minister.

11 July 2018
Is Ferrari Sabotaging Mercedes in Formula 1?
You get it right and you get it wrong. "We'll take it on the chin and keep pushing hard, because believe me I will not give up. "Sebastian, you are a lion!" But Ferrari boss Maurizio Arrivabene offered a scathing assessment of the Mercedes reaction.

10 July 2018
More Boys Rescued From Thailand Cave
The operation on Monday went more smoothly than on Sunday and took two hours less as the practice became more refined, he said. The Thai rescue team members walk inside a cave where 12 boys and their soccer coach have been trapped since June 23.



Recommended