'He understands the farmers in this country feed us, they fuel us, they clothe us.
The Trump administration says farmers caught in the middle of trade policies could soon see financial relief but some Wisconsin farmers worry if it will solve the problem.
USA export prices for soybeans are at least $20 a tonne cheaper than from Brazil for August delivery in northern Europe, traders said.
"It [Juncker's deal] has made a positive result more likely in the whole discussion between the European Union and the United States in terms of free trade or protectionism", Mass said in Seoul on Thursday.
"America's farmers don't want to be paid to lose - they want to win by feeding the world", he said. We've still got to work out the details.
The details of the deal brokered with European Commission chief Jean-Claude Juncker on Wednesday remain unclear and subject to differing interpretations, but the EU did ward off a new round of U.S. tariffs on autos and received a pledge to roll back duties on steel and aluminum. It involves direct payments to farmers, the purchase of excess food and trade promotion programs to help create new export markets.
Amid turbulent, transatlantic trade relations, sparked by United States tariffs on EU steel and aluminium, EU Commission President Jean-Claude Juncker will try and calm things down in Washington. That's according to two people who have been briefed on the plan who spoke on condition of anonymity ahead of a formal announcement.
The Agriculture Department was expected to announce the plan later Tuesday.
This comes as President Donald Trump appears at the Veterans of Foreign Wars national convention in Kansas City in the heart of the nation's farm country.
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The European Union has warned that it will retaliate with tariffs on products worth $20 billion if Trump puts duties on cars and auto parts from Europe.
About one out of every three rows of USA soybeans is shipped to China, according to estimates.
'They're going to be a massive buyer of LNG, so they'll be able to diversify their energy supply, ' Trump said of Europe.
"Phase one will be to immediately resolve those issues so there will be no tariffs in either direction", Mnuchin said.
In a written submission before Tuesday's hearing, the US Chamber of Commerce expressed its staunch opposition to tariff escalation, saying it would be US businesses and customers who would foot the bill of the "hidden, regressive taxes".
In recent months, Trump has also started a trade dispute with China after the United States implemented tariffs for what it called unfair trade practices by Beijing.
Navarro met with Republicans on the House Ways and Means Committee Wednesday afternoon as well. And Juncker meant to discuss a possible EU-U.S. free-trade agreement that would reduce trade barriers on industrial products, including autos.
Mr Juncker said the two sides agreed that as long as they were negotiating on trade, they would hold off on further tariffs, including potential U.S. tariffs on cars and auto parts. "It's as simple as that".