President Donald Trump proved himself once again as a "man of action" in a "town of talk" by gaining major trade concessions on Wednesday with European Commission President Jean-Claude Juncker, according to Kellyanne Conway.
"We're starting the negotiation right now but we know very much where it's going", the president said.
On Tuesday, Trump announced $12 billion in subsidies for farmers, though Republican lawmakers criticized that plan as welfare for farmers who would be better off if the president backed away from his tariff threats to Europe and China.
During the visit Europe pledged to buy billions of exports from the USA for a stay of execution on vehicle tariffs. "It's progress. To have the temperature lowered with our European trading partners and allies is smart".
Trump imposed 25 percent and 10 percent tariffs, respectively, on steel and aluminum imported from the European Union in June, spurring the European Union to retaliate with its own tariffs on US steel and agriculture imports. He said the two sides also agreed to work together to reform the World Trade Organization, which Trump has vehemently criticized as being unfair to the U.S.
On Wednesday, Trump and Juncker said they have agreed to work toward "zero tariffs" and "zero subsidies" on non-automotive goods. He hoped "free, fair and reciprocal trade is in our near future".
"President Juncker made it very clear that he meant to help us, President Trump, on the China problem", Kudlow said in an interview on the Fox Business Network.
Rep. Andy Barr of Kentucky says he told the White House advisers that Wednesday's announcement "was a positive sign and we appreciate the administration lowering the temperature with the European Union".
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Earlier this week, the Minneapolis district of the Federal Reserve Bank - which includes industrial and farm states - reported that there was "growing concern" about "steep increases in aluminum and steel costs in reaction to tariff announcements".
Mr. Juncker said the European Union already imports 35% of its natural gas from USA producers, but will work to buy more.
However, the deal was contingent "on the understanding that as long as we are negotiating. we will hold off further tariffs, and we will reassess existing tariffs on steel and aluminum".
A source quoted by Reuters said aides also strategically put Trump's name into "as many paragraphs as we can because he keeps reading if he's mentioned".
United States agricultural products have been a major target of trading partners in response to tariffs the Trump administration has imposed on steel, aluminum, and about $34 billion worth of Chinese goods.
That would cut U.S. imports of European cars and vehicle parts in half, the commission said.
"President Trump is sticking taxpayers with the bill for his failed trade war", Sen.
He is particularly keen to shore up support among influential soybean farmers, who have been hit by Chinese sanctions - which came in response to Trump's own tariffs on Chinese goods.