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

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Truth Verify of the Day

The USA exported $11.5 billion in agricultural merchandise to the European Union final yr.

Linda Qiu

the details

False.

Mr. Trump’s suggestion that it’s “impossible” for American farmers to promote their merchandise to the European Union is fallacious.

In reality, the 28 international locations of the European Union are america’ fifth-largest export marketplace for agricultural items, like tree nuts and soybeans, totaling $11.5 billion in 2017, based on the Department of Agriculture.

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However america did import about $10 billion extra in agricultural merchandise, like wine, beer and chocolate, from the European Union than it exported there. (General, america has had an agricultural commerce surplus with the remainder of the world since 1960.)

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The European Union does impose the next common tariff on agricultural merchandise (11 to 12 %) than america (about 5 %), however a few third of farm items enter each the European Union and america tariff-free, based on the World Commerce Group.

“Two-way U.S.-E.U. trade has been roughly balanced over time and the very high levels of foreign investment accounted for by each in the other’s markets means that the trans-Atlantic economy is arguably the most integrated on earth,” the web site of the Workplace of america Commerce Consultant reads.

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Mr. Trump additionally, once more, exaggerated the general commerce deficit with the European Union by $50 billion; it’s $101 billion. His assertion about america “nicely” paying for the protection of European international locations by means of the North Atlantic Treaty Group can also be deceptive.

Sources: Department of Agriculture, Workplace of america Commerce Consultant, World Commerce Group, The New York Times

Linda Qiu is a fact-check reporter, based mostly in Washington. She got here to the Times in 2017 from the fact-checking service PolitiFact. @ylindaqiu





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The Red Tea Detox
Updated: July 11, 2018 — 12:02 am

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