China's Xi warns of no winner in Trump trade dispute


U.S. Rep. Cathy McMorris Rodgers, (R-Wash), wrote several messages on Twitter Tuesday praising the strong economy and a "permanent repeal of the job-crushing medical device tax", but made no mention of Perdue's announced aid package for farmers.

And Senator Ron Johnson warned that "no one wins a trade war". "I will never stop fighting for Iowa families affected by this trade war." .

"Many U.S. products face market barriers overseas".

Schlosser said he had been "transitioning" his farm to his son, but the future doesn't look good for young farmers now, he said. "The White House is finally realizing that this isn't going to get better before ballots are cast".

US farmers are expected to grow 14.2 billion bushels of corn this year and 4.3 billion bushels of soybeans, down some from last year but still huge crops. We also export large amounts of pork and beef.

Mark Martinson, who raises crops and cattle in north-central North Dakota and is president of the U.S. Durum Growers Association, said the $12 billion figure "sounds huge" but there are many farmers in need.

Republican leaders across the country have been raising alarm bells to the administration for months, anxious that antipathy towards the administration from base Republican voters would make an already precarious midterm election season more unsafe for Republicans.

But more voices even in Mr Trump's own Republican Party are coming out against his confrontational stance.

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"I firmly believe we need to either create more markets or be able to work it out with China because we are going to produce way too many soybeans for the markets that we have", he said.

"We just want it to be a level playing field for our farmers, for our manufacturers, for everybody", Trump told reporters at the White House. We must hold bad actors, such as China, responsible while not alienating our allies. President Trump's proposed 2019 budget also would have slashed CCC funding, including eliminating funding for one program aimed at helping USA farmers find new markets for their products.

As the tit-for-tat continued, the Trump administration rolled out a new $12 billion plan to provide subsidies - inviting new criticism from free market conservatives as well as lawmakers who blame Trump's trade war for the tariffs. A portion of the money will be paid directly to producers of crops like soybeans, corn, wheat, dairy and pork. According to Agriculture Secretary Sonny Perdue, this is a "short-term solution that will give President Trump and his administration time to work on long-term trade deals".

"These programs recognize the market challenges our farmers are facing today, and will provide some temporary assistance".

"We are here to explain and find out how to prevent a trade war", Juncker said in an interview with German public broadcaster ZDF before the meeting, adding that he's not overly optimistic.

Trump and Juncker were expected to make statements at a joint event following their meeting at the White House on trade, US officials said.

And Americans for Prosperity, a conservative pro-growth group affiliated with the Koch network, said farmers want good trade policy, not a bailout. BMW exports SUVs globally from the factory. While a trade mitigation package could boost farmer morale in the short term, this is ultimately a short term fix.