Nebraska senators react to $12B plan to assist farmers affected by tariffs

Nebraska senators react to $12B plan to assist farmers affected by tariffs

Nebraska senators react to $12B plan to assist farmers affected by tariffs

Juncker said the two leaders agreed that as long as negotiations were ongoing, "we'll hold off further tariffs and reassess existing tariffs on steel and aluminum" put in place by the Trump administration.

Mr Juncker added he had travelled to Washington with "the intention to make a deal today and we made a deal today". "I have met him frequently and know how to deal with him".

Juncker then spoke of the deal and said they identified a number of areas where the USA and European Union can work together.

Bob Corker called on the Trump administration to "reverse course and end this incoherent" tariff and said the administration was "offering welfare to farmers to solve a problem they themselves created".

Trump crowed Tuesday that his latest threat had brought Europe to the negotiating table.

"This is President Trump's promise kept for producers that he was not going to allow them to bear the brunt of these illegal trade retaliatory efforts of other countries", said Sonny Perdue, U.S. Secretary of Agriculture.

"Our message is clear, concise, and that is we want this administration to work out those issues with section 301 and remove the tariffs so that we can get back to business", Maupin said. All Americans do better when we can sell our products overseas and buy the best of what the world has to offer.

Mr. Trump is threatening up to a 25-percent tariff on European cars and vehicle parts, which would be devastating to the EU auto industry, especially in Germany.

Trump has already put taxes on imported steel and aluminum, saying they pose a threat to USA national security, an argument that enrages staunch U.S. allies such as the European Union and Canada.

Chinese President Xi Jinping said at an worldwide summit in South Africa that the world faces "a choice between co-operation and confrontation", in remarks that criticized escalating US tariffs on goods from China and other major trading partners. Canada and Mexico, the nation's major NAFTA partners, have retaliated with tariffs on agricultural exports. "Hope they do it, we are ready - but they won't!"

"Every time I see a weak politician asking to stop Trade talks or the use of Tariffs to counter unfair Tariffs, I wonder, what can they be thinking?" he wrote.

"As farmers we're accustomed to swings in the market, but here it felt like the rug got pulled out from under us" said Kenny. "That's not free trade, that's fool's trade, that's stupid trade and we don't do that kind of trade anymore". Zach Riley with the Colorado Farm Bureau says agriculture exports are $2 billion a year industry in Colorado.

Sen. Ben Sasse, R-Neb., came out swinging against the newly proposed aid package, describing it as a pair of "gold crutches" to support the farmers hobbled by President Donald Trump 's own trade policy. "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again". More than 80 witnesses are scheduled to testify during a two-day trade hearing starting in Washington Tuesday focused on products from resins and chemicals to large freight containers, electric bicycles and vaping devices.

June: Exemptions to USA metals tariffs for EU, Canada and Mexico expire.

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