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The imposition of punishing tariffs on imported goods has been a favored tactic by Trump, but it has prompted US partners to retaliate, creating risks for the economy. Those affected economies have in turn targeted US agricultural products, including soybeans, dairy, meat, produce and liquor.

With congressional elections coming soon, the government action underscored administration concern about damage to USA farmers from Mr Trump's trade tariffs and the potential for losing House and Senate seats in the Midwest and elsewhere.

It is unclear what Mr Trump's approach will be in the talks.

Even so, economists say there is the possibility Trump's trade war could become a drag as exports fall and manufacturing slows, while prices rise fueling inflation, and mounting interest rates drive up borrowing costs.

President Donald Trump on Thursday trumpeted his trade deal with European allies, hailing it as a benefit to Iowa farmers who have been hurt by the fallout from his protectionist trade measures.

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EU Trade Commissioner Cecilia Malmstrom, who is accompanying Juncker, said the EU is drawing up a list of $20 billion in U.S. products to be targeted for retaliation if the trip fails.

China alone imported $12.3 billion of U.S. soybeans previous year, according to the U.S. Department of Agriculture.

"We are ready to invest in infrastructure and new terminals, which could welcome imports of energy from the United States and elsewhere, but mainly from the United States, if the conditions were right and prices competitive", he said in a speech after the White House meetings.

The Trump administration is offering up to $12 billion in aid to farmers hurt by retaliatory tariffs stemming from President Donald Trump's widening trade feud with other countries.

The tweet came ahead of his Wednesday meeting with European Commission President Jean-Claude Juncker.

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Despite Greipel's apology, Demare said he had used his comments as motivation. It didn't feel like a grab. "I think (he was) a bit of an idiot".

"I understand what he's trying to do", Ryan said of the president, "and the goal he's trying to achieve is a good one: a better deal for Americans, better trade agreements".

Trade analysts say the United States has not pursued such aggressive trade policies in decades. We have identified a number of areas on which to work together, work toward zero tariffs on industrial goods.

The US has since been in a faceoff with its allies and other major trading partners, who have imposed billions of dollars worth of tariffs on American products.

In response to the United States metals tariffs, the European Union has already imposed its own import duties on 2.8 billion euros ($3.3 billion) worth of USA goods, including products like bourbon and motorcycles that are made in some of the electoral districts that supported Trump. He went on to say the USA and European Union will work to reform the World Trade Organization (WTO) and address unfair trade practices from other countries, an apparent reference to China's practices.

Trump has threatened to place more punitive taxes on up to $500 billion in products imported from China, a move that would dramatically ratchet up the stakes in the trade dispute involving the globe's two biggest economies.

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In addition, Ellis is expected to rule Monday on Manafort's request to delay the trial, slated to start this week. Manafort has pleaded not guilty to the charges and denied wrongdoing.

The biggest exporter of American-made cars is a German company - BMW, through its plant in Spartanburg, South Carolina.


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