The trade war between the United States and China could worsen as Trump pursues Europe, the NAFTA agreements

Talks with Europe continue as Congress worries about collateral damage caused by Trump's commercial tactics – including the blow to farmers that the administration has tried to appease this week with a $ 12 billion bailout.

Companies like General Motors and other automakers are clearly indicating that costs are rising because of tariffs. Meanwhile, business lobbies have sought to stop other tariffs, especially on automobiles, which could have a bigger and bigger impact on the economy and jobs .

Trump is clearly concerned about the economic pain of tariffs. he needs a victory on the trading front. As a result, they expect the United States to show more flexibility on NAFTA and Europe.

The President, while standing at Juncker, also discussed how Europe has agreed to buy liquefied natural gas and soy. this could be hard hit by the tariffs already imposed by China. Trump has also agreed to suspend all tariffs on European products for the time being: these include automobiles, which have been considered one of the most damaging proposals for the industry and the industry. consumers

"I am sure they also feel," said Juan Carlos Hartasanchez, senior director of Albright Stonebridge, referring to reports on the build-up of American beef in cold storage facilities

"When you have to prepare a bailout for your producers because of the impact of your trade negotiations, I think that's when the administration takes a step back and thinks … "These things have an effect on US jobs and the US economy," he said. "

For them, it's also a way of saying that we are making progress. We are not only losing, we are also winning, "added

But if the US economy begins to suffer from trade conflict With China, Clifton of Strategas said that would motivate Trump to resume negotiations. In the case of China, she could also come to the table earlier, if it suddenly appears as if Republicans would make a strong appearance in mid-term in November, retaining both houses of Congress, he said. tariffs on Chinese products of 50 billion dollars and aluminum and steel. China has taken similar measures with respect to US goods. The tariffs on the first $ 34 billion of the $ 50 billion came into effect at the beginning of the month by the two countries, the rest having not yet been implemented.

However, there are bigger threats in the balance, with Trump proposing $ 200 billion more for China to soften its stance on intellectual property and US tariffs. Clifton said the reorganization of the World Trade Organization (WTO) "WTO reform is the essence of what Trump is trying to solve with China," said Clifton. China is the second largest economy in the world, but it is considered a developing nation, a status that gives it more latitude to impose trade restrictions, the analyst said.

"They are allowed to have tariffs averaging 9%," added Mr. Clifton, while a developed country could only have tariffs in lower numbers.

Separately, Trump has "bought from Europe that maybe the World Trade Organization needs to be reformed … If we reform the WTO, we do it for China to play with a better rule system, "he said.

to host a meeting of trade ministers to discuss how to reform the WTO, but she has left the United States and China away from meetings at the moment. A spokesman for Canadian Trade Minister Jim Carr said the meeting will be held in Ottawa in October, Japan, Mexico, South Korea, Australia, Brazil, Chile, Norway, New Zealand Zealand, Kenya and Singapore.