Trump threatens more tariffs on United States trading partners

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This year's showcase comes during a contentious period in United States trade relations, after the Trump administration targeted China and some U.S. allies with steep tariffs on a variety of goods.

When Donald Trump announced his tariffs plan in April he promised that it would only work to benefit farmers.

The imposition of punishing tariffs on imported goods has been a favored tactic by Trump, but it has prompted US trading partners to retaliate, creating risks for the economy.

It will rely in part on a Depression-era program called the Commodity Credit Corporation, a division of the Agriculture Department that was created in 1933 to offer a financial backstop for farmers.

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Details about the bailout plan are scanty at this point, though the Post indicates it will include "direct assistance, a food purchase and distribution program, and a trade promotion program". "They send them in and take advantage of us", Trump said. Sasse released a statement saying "This trade war has been cutting the legs out from under farmers and White House's "plan" is to spend $12 billion on gold crutches".

The Trump administration has slapped tariffs on $34 billion in Chinese goods in a dispute over Beijing's high-tech industrial policies.

"America's farmers don't want to be paid to lose - they want to win by feeding the world", he said.

While promoting the worldwide negations, Mr. Trump praised his hard-line trade strategy, saying slapping tariffs if the U.S.is treated unfairly is "simple".

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Brennan replied to an earlier message from Trump on Twitter calling tariffs "the greatest".

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to USA national security, an argument that allies such as the European Union and Canada reject. But conservative critics of the White House's approach said on Tuesday that Trump's move to offer rescue funds to farmers suggests the standoff with other countries won't end soon.

Trump's tweet comes as he is scheduled to meet with European Commission President Jean-Claude Juncker in Washington tomorrow for talks aimed at heading off a trade war.

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