Higher U.S. soy imports won't harm EU farmers: German minister

[rooster59]

Higher U.S. soy imports won't harm EU farmers: German minister

 

Julia Kloeckner leaves a Christian Democratic Union (CDU) leadership meeting in Berlin, Germany, July 2, 2018. REUTERS/Hannibal Hanschke

 

BERLIN (Reuters) - An agreement by the European Union to increase soy imports from the United States will not harm EU farmers, German Agriculture Minister Julia Kloeckner said in an interview published on Saturday.

 

European Commission President Jean-Claude Juncker agreed to increase soy imports in a deal reached with U.S. President Donald Trump, under which Washington will suspend the imposition of new tariffs on the EU.

 

Kloeckner told the Passauer Neue Presse newspaper she saw "no disadvantages for European farmers of any kind" as a result of the decision because Germany and the EU were dependent on soy imports to meet demand for animal feed.

 

Europe had previously relied on soy imports from South America, but would now shift its demand to U.S. suppliers, she told the paper.

 

Wednesday's surprise deal suspends the imposition of a proposed U.S. 25 percent levy on auto imports, with Washington and Brussels to hold talks over tariffs on imports of European steel and aluminum. The agreement sent shares higher as fears of a transatlantic trade war ebbed.

 

 

-- © Copyright Reuters 2018-07-28

[dick dasterdly]

I thought most of the soybeans from the US are from genetically modified sources, which as far as I know is still banned by the EU?

[lovelomsak]

1 hour ago, dick dasterdly said:

I thought most of the soybeans from the US are from genetically modified sources, which as far as I know is still banned by the EU?

If it is so they will just overlook it. They are so afraid of Trump and his Thor like hammer.

[Chomper Higgot]

1 hour ago, dick dasterdly said:

I thought most of the soybeans from the US are from genetically modified sources, which as far as I know is still banned by the EU?

This might help:

 

https://en.m.wikipedia.org/wiki/Genetically_modified_food_in_Europe

[Ulic]

4 hours ago, dick dasterdly said:

I thought most of the soybeans from the US are from genetically modified sources, which as far as I know is still banned by the EU?

Everything is OK now that Bayer(German company) has bought Monsanto. 

[jenny2017]

5 hours ago, dick dasterdly said:

I thought most of the soybeans from the US are from genetically modified sources, which as far as I know is still banned by the EU?

Is there anything that's not modified? Let's start with Donald the Twitterer himself, not too much of and in him is real. 

[cookieqw]

I thought the EU had their own ministers so a Herman minister should just suck it up as it’s an EU decision which overrides any single country I would have thought

[Scott]

Troll post removed.  

[German farang]

On 7/28/2018 at 1:20 PM, dick dasterdly said:

I thought most of the soybeans from the US are from genetically modified sources, which as far as I know is still banned by the EU?

Nope. Monsanto is already German-owned ?

As Merkel. Seems she loves really every kind of bullshit, trash & rubish!

[Opl]

Trump's Soybean 'Deal' With the E.U. Is Actually Pretty Insignificant

" Europe already imports soybeans for free, and the European market isn't big enough to make up for China anyway.

At best, the Trump-Juncker deal, like the White House's plan to bail out tariff-stricken farmers, is a band-aid on a wound willfully inflicted by Trump. This isn't improving global markets or increasing free trade; it's just damage control."

https://reason.com/blog/2018/07/26/trumps-soybean-deal-with-the-eu-is-actua