Made in China: Trump re-election flags may get burned by his tariffs

A grain salesman shows locally grown soybeans in Ohio

"This is a short-term solution to allow President Trump time to work on long-term trade deals to benefit agriculture and the entire USA economy", Agriculture Secretary Sonny Perdue said.

"We met right here at the White House to launch a new phase in the relationship between the United States and the European union, a phase of close friendship, of strong trade relations in which both of us will win", Trump said during a brief press conference with European Commission President Jean-Claude Juncker.

President Donald Trump and European Union leaders announced Wednesday they have agreed to work toward "zero tariffs" and "zero subsidies" on non-automobile goods and would work to resolve US tariffs on steel and aluminum imports that have roiled European markets.

"Time and time again I've heard from farmers that they want trade, not aid", said Sen.

Zippy Duvall, president of the American Farm Bureau Federation, said the $12 billion package provides a welcome measure of temporary relief, but added they can not overstate the dire consequences that farmers and ranchers are facing with lost export markets. "No weakness!" Trump wrote. Remember, we are the "piggy bank" that's being robbed.

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Holtz-Eakin, a Republican, is one of several conservative economists who have been sharply critical of Trump's trade approach, and he said Tuesday that the programs the Agriculture Department will use to help farmers were not designed for this objective. "This is a temporary measure, hopefully to show China and other countries they can not bully the U.S.to caving in on unfair trade practices".

"I'm just so afraid that we've lost this trade and I don't know how we're going to get it back", John Heisdorffer, an Iowa soybean farmer and president of the American Soybean Association, told The Hill in an interview. Trump has also said he is considering tariffs on imports of automobiles, an action the European Union hopes to head off.

Kasich says that will only compound tariff damage.

USDA officials told reporters they were still working to set up the programs, which they expect to be ready by early September.

"The ultimate goal is to secure additional trading partners and trading opportunities for farmers and ranchers so they have a predictable environment going forward", said Joiner, whose group has been raising concerns about the administration's trade approach for months.

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(See Agriculture Secretary Sonny Perdue sporting one here.) The message is a calculated one as the White House seeks to ease farmers' concerns that a U.S. trade war will hit them hard.

The moves have been unsettling to lawmakers with districts dependent upon manufacturers and farmers affected by the retaliatory tariffs.

"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?" And foreign auto companies that make vehicles in the US, including Mercedes, BMW, and Volkswagen, would likely hemorrhage jobs if Trump's tariffs became a reality. Lamar Alexander, a Republican who has a bipartisan bill with Democratic Sen.

Soybeans are down 10.22% this year through Tuesday.

"Ultimately we want to get our revenue from the markets", said Tom Bernhardt, who farms wheat, corn, sunflowers, and soybeans in Linton. The program is expected to start taking effect around Labor Day in the U.S. on September 3.

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Preliminary details of the agricultural aid program that emerged Tuesday indicate the administration will tap the Commodity Credit Corporation, an entity created during the Great Depression to support farmers, to borrow directly from the Treasury for aid to agriculture.

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