Source: POLITICO'S MORNING AGRICULUTURE, 1/22/20

The president, who's in Davos, Switzerland, this week for the World Economic Forum, met with European Commission President Ursula von der Leyen and said he expects "tangible progress" toward a trade deal in 2020, writes Pro Trade's Adam Behsudi.

Talks with Brussels have yielded little progress so far because of the standoff over agriculture, which European officials don't want to discuss. (Although, EU trade chief Phil Hogan laid out a potential compromise approach earlier this week.) Trump also threatened to impose more tariffs if negotiations aren't fruitful.

A win for wine? The U.S. and France tamped down their own trade tensions, as the latter promised to hit pause on collecting taxes on American tech giants like Apple and Facebook — pending a broader agreement on global corporate taxes, POLITICO Europe's Elisa Braun reports.

Trump had threatened to slap 100 percent duties on French champagne and other goods in retaliation for the digital services tax, a move that could be delayed under the new truce. Of course, getting a deal on international taxation remains a heavy lift.

More from Davos: With the Senate impeachment trial underway in Washington, Trump had a simple answer for why he shouldn't be removed from office: the economy. He claimed there's a "blue-collar boom" in the U.S. and tried to win over global business tycoons and foreign leaders skeptical of his trade doctrine, writes POLITICO's Gabby Orr.