European Union 'ready' to discuss reduction of 'all tariffs' with US


-European trade deal known as the Transatlantic Trade and Investment Partnership (TTIP).

The new plan at the Agriculture Department would advance emergency funds for these farmers but likely not provide a long-term solution if the trade disputes with China and other countries persist.

John Kasich (R) said Wednesday that President TrumpDonald John Trump2 women win Georgia Dem runoffs, extending streak for female candidates Giuliani on Trump-Cohen audio: "I've dealt with much worse tapes than this" Roseanne to sit down with Hannity in first television interview since ABC canceled show MORE is resorting to "farm welfare" when what US farmers really want the administration to stop imposing tariffs.

Sen. John Hoeven, R-N.D., said the funding may need to be approved by Congress and the aid would be temporary.

Farmers for Free Trade, an agricultural-industry advocacy group, also criticized the administration's proposal. "In the near term is there some relief we can look at?"

But the plan magnified objections among many Republicans that the tariffs amount to taxes on American consumers.

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"I just don't think the tariff route is the smart way to go", Ryan told reporters on Tuesday.

"This trade war is cutting the legs out from under farmers and White House's "plan" is to spend $12 billion on gold crutches", Sen.

The tariffs and their welfare handouts are no more than pre-midterm salve for rankled farmers who are more than a little resentful to hear closing market doors in the Far East. Kansas Senator Pat Roberts said, "Once you lose a market you lose it".

"Tariffs are the greatest!". Beijing's retaliatory tariffs have hit American soybeans and pork.

China has imposed tariffs on soybean imports from the United States, affecting farmers such as Terry Davidson in Harvard, Illinois. He noted that countries "that have treated us unfairly on trade for years" are coming to Washington to negotiate.

The president has engaged in hardline trading negotiations with China, Canada and European nations, seeking to renegotiate trade agreements he says have undermined the nation's manufacturing base and led to a wave of job losses in recent decades.

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Juncker also renewed a promise of immediate retaliatory measures should Trump make good on a threat to slap new tariffs on European Union vehicle imports.

Trump has already imposed tariffs on steel and aluminum imports from Europe, and the European Union has responded in kind.

Agriculture is the rare USA industry that runs a trade surplus, with a projected US$21 billion this year.

Trump said in a speech to the VFW that farmers will be "the biggest beneficiary" in the long run.

White House officials contend the tariffs inflict some necessary minor, domestic short-term pain in order to achieve long-term large gains for the USA economy. It will impose new tariffs on a range of US products, including agricultural and high-tech products and machinery. "It's as simple as that - and everybody's talking!" he wrote on Twitter.

Tuesday's announcement of the emergency aid comes less than four months before congressional elections in which the majority-Republicans, including some in farms states, find themselves vulnerable to Democratic Party challengers who are rising in the polls.

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Manufacturers - particularly any who use steel or aluminum - have also been hit hard by the effects of Trump's decision to levy tariffs on the two metals.