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As far as I understood German media, nothing is fixed yet. There is an agreement to talk. Soybeans: No fixed tonnage yet LNG gas: Nothing fixed yet. Europe doesn't have enough LNG terminals to receive high volumes I think. I doubt American LNG will get competetive enough without tarrifs. Steel, aluminum: Both sides will check tarriffs (USA) and counter-tarrifs (EU) It shall get discussed how tarrifs on industrial commodities can be abolished. More details were not disclosed yet. The problem with agricultural goods in Europe is that there is no market for genetically modified goods. The consumers don't want it. Meat from animals fed with genetically modified crops need to be labelled as such. Which is a disadvantage on the market. [quote user="CMStPnP"]What the line of thinking is on China is China is struggling to make up for the loss of Soybean purchases but is having issues because Brazil cannot produce in volumes to replace the United States so the feeling is that they will come to the table once they work their surplus stocks of soybeans down (I'll believe it when I see that) or face shortages.[/quote] I agree with your last sentence. Brazil produces almost as much soybeans as the USA. So there are alternatives. And tarrifs on soybeans don't mean China won't buy them in the USA. American farmers need to make competetive prices including tarrifs and that usually means they have to lower their prices. There is a reason that the Federal Government promised up to $12 billion financial aids for farmers. Regards, Volker
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