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Trump Falsely Claims It’s ‘Impossible’ for American Farmers to Do Business in Europe

Mr. Trump’s suggestion that it is “impossible” for American farmers to sell their products to the European Union is wrong. In fact, the 28 countries of the European Union are the United States’ fifth-largest export market for agricultural goods, like tree nuts and soybeans, totaling $11.5 billion in 2017, according to the Department of Agriculture.But the United States did import about $10 billion more in agricultural products, like wine, beer and chocolate, from the European Union than it exported there.

How Rare Earths (What?) Could Be Crucial in a U.S.-China Trade War

Amanda Lacaze grabbed her iPhone and rattled off the names of the special minerals needed to make it. The screen was polished with lanthanum and cerium. The inside has a magnet made with neodymium and praseodymium.Those minerals almost certainly came from China. Ms. Lacaze’s job is to give the world an alternative source, in case a global trade war spirals out of control and China cuts off supply.Right now, she can’t. Her company, Lynas Corporation, can provide only a fraction of the minerals — known as rare earths — that China produces.

Food Stamp Work Requirements Would Force States to Provide Job Training. Many Aren’t Ready

The House version of the food-stamp-to-work program Congress is considering this week would require recipients to enroll in job training programs if they can’t find work — but in many states, those programs won’t be fully available for at least another decade. This will have a big impact on the people who depend on food stamps, some 42 million in 2017. The average beneficiary receives about $125 a month, and a family of four must have an annual income of about $25,000 or less to qualify.

Why President Trump Hates Canadian Dairy — And Canada Insists On Protecting It

President Trump has railed against Canada for taking advantage of the U.S. when it comes to trade. Trump may not like it, but those tariffs are part of a politically sensitive, decades-old policy to protect Canada's dairy farmers. The system is called "supply management" and it sets production quotas for the country's dairy, poultry products and eggs.Murray Sherk, the owner of the family-run Pinehill Dairy in Plattsville, Ontario, says supply management helps keep prices stable, gives farmers a steady income and has succeeded in avoiding a milk surplus in Canada.

4 charts that show US-Canadian trade is far different from what Trump portrays

Steven Rattner shares four charts that show US-Canadian trade is far different from what Trump has portrayed. The US actually has a trade surplus with Canada — and a substantial one with dairy product. We export roughly twice as much in dairy to Canada as we import from them — and our total dairy trade is only a small fraction of overall trade with the country last year. Canada's tariffs are actually the lowest of the major developed countries.

Trump's trade war against China is officially underway

A trade war between the world’s two largest economies officially began on Friday morning as the Trump administration followed through with its threat to impose tariffs on $34 billion worth of Chinese products, a significant escalation of a fight that could hurt companies and consumers in both the United States and China. The penalties, which went into effect at 12:01 a.m., prompted quick retaliation by Beijing. China said it immediately put its own similarly sized tariffs on an unspecified clutch of American goods.

EPA leader Scott Pruitt resigns after numerous scandals

cott Pruitt's polarizing tenure as head of the Environmental Protection Agency has come to an end. President Donald Trump tweeted on Thursday that he has accepted Pruitt's resignation. Trump said that the agency's deputy administrator, Andrew Wheeler, will become the acting head of EPA. The departure follows months of scrutiny that gathered momentum following reports that Pruitt had rented a Capitol Hill condominium linked to an energy lobbyist on favorable terms.

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