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Germany says U.S.-Europe trade tensions ease, questions remain on soy
Reuters ^ | 7/28/2018 | Maximilian Heath

Posted on 07/28/2018 10:52:23 AM PDT by mac_truck

BUENOS AIRES (Reuters) - The trade relationship between the United States and Europe is improving, German Agriculture Minister Julia Kloeckner said on Saturday, but there is no guarantee the bloc will buy the quantity of soybeans that Washington expects.

U.S. President Donald Trump and Jean-Claude Juncker, president of the European Commission, the EU’s executive body, struck a surprise deal on Wednesday that ended the risk of an immediate trade war between the two powers.

After the talks, Trump highlighted benefits for U.S. farmers. “The European Union is going to start, almost immediately, to buy a lot of soybeans,” he told reporters.

Kloeckner, speaking to Reuters on the sidelines of a G20 meeting in Buenos Aires, said the amount of soy Europe will import is yet to be determined.

“Will we be able to do whatever President Trump wishes for? I don’t know. Let’s see whether this will be the case or not,” she said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Extended News; Germany; News/Current Events
KEYWORDS: angelamerkel; autos; boycott; brazil; china; europe; europeanunion; eussr; g20; germany; jeanclaudejuncker; juliakloeckner; nato; pork; sanctions; socialmarketeconomy; soybeans; tariffs; trade; trumpeu

1 posted on 07/28/2018 10:52:23 AM PDT by mac_truck
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To: mac_truck

questions remain on why Reuters is still in business


2 posted on 07/28/2018 11:00:23 AM PDT by Eddie01
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To: Eddie01

Additional questions remain on why we allow a minor official from the militarily occupied vassal state called “Germany” to run her mouth in the media.


3 posted on 07/28/2018 11:21:23 AM PDT by KyCats
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To: mac_truck
I'm in favor of exporting as much soy as possible.

Making all the other men in the world feminized soy boys is in our national interest.

How about a reverse tariff where we pay them to take that nasty crap.

4 posted on 07/28/2018 11:28:18 AM PDT by ASA Vet (Make American Intelligence Great Again.)
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To: mac_truck

The old good cop, bad cop; Mutt and Jeff routine, with the EU President playing good cop?


5 posted on 07/28/2018 1:40:52 PM PDT by BeauBo
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To: BeauBo
The old good cop, bad cop; Mutt and Jeff routine, with the EU President playing good cop?

It certainly raises the question of who has the ultimate authority to negotiate on behalf of Europe, Juncker or the Germans.

My guess is its Juncker.

6 posted on 07/28/2018 2:06:25 PM PDT by mac_truck (aide toi et dieu t'aidera)
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To: mac_truck

They have to maintain the fiction that the EU is the bargaining authority. But Germany is calling ALL the shots.


7 posted on 07/28/2018 5:53:46 PM PDT by KyCats
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