Trump says China is targeting USA farmers, being ‘vicious’

Robert Sakata

Robert Sakata

On Wednesday, President Donald Trump will meet with Jean-Claude Juncker, the president of the European Commission, at the White House.

"This trade war is cutting the legs out from under farmers and the White House's "plan" is to spend $12 billion on gold crutches", said Senator Ben Sasse, of Nebraska who frequently criticizes the president, a fellow Republican.

"I think Trump isn't looking to make a deal", Sam Lowe, a Senior Research Fellow at the Centre for European Reform, told Euronews. "Name calling, insults, those kind of things, we don't react well to them, so we certainly can't expect our trade partners to react well to them either" said Kenny.

He said the United States and the European Union had agreed to work toward "zero tariffs" on industrial goods, apart from cars.

China, Mexico, Canada and the European Union have all placed tariffs on different US farm exports in retaliation for USA tariffs on their products.

"We want to find solutions to de-escalate the present situation and prevent it from worsening". Greece would never countenance a trade deal that lets Americans produce feta cheese and call it feta, the French feel the same about Roquefort and cognac, the Spanish about Rioja, and so on.

- "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".

Canada, Mexico and China - the main target of Trump's trade offensive - have also hit back with steep duties on U.S. goods, and have filed complaints against Washington at the World Trade Organization.

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U.S. President Donald Trump on Wednesday accused China of targeting American farmers in a "vicious" way and using them as leverage to get concessions on trade.

TRUMP: Tariffs are the greatest! "For decades, we've seen tariffs, we've seen barriers to selling product, and it needs to be fixed". "That will have huge impacts and there we are already seeing an impact before they've even been introduced".

"Back in the really dry years we had subsidies, and it kept a lot of farmers going to catch their interest up or something like that, it never was enough to pay off any debt, but it was enough to survive", Badger said.

This comes after China imposed a 25% retaliatory tariff last week on several crops Alabama farmers export like soybeans and cotton.

While Trump is under pressure from his own party, Juncker is also fighting battles at home in Europe.

German Economy Minister Peter Altmaier hailed the deal as a breakthrough, saying the measures agreed by Trump and Juncker could help avoid a trade war and save millions of jobs. "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again".

With a GDP that is less than one-third of the size of China's, it is clear that Germany not only has a larger trade surplus in goods and services but is benefitting far more from global trade in proportion to the size of its economy than China: Germany's surplus represents 2.1 percent of its GDP, whereas China's surplus represents 0.7 percent of its GDP.

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

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