Farm Bureau Voices Appreciation for Delay in U.S. Tariffs on Mexico and Canada
The American Farm Bureau Federation supports President Trump’s decision to postpone tariffs on Mexico and Canada until April 2025, emphasizing the importance of these trading relationships for U.S. agriculture. The Federation is advocating for permanent solutions to trade issues to protect farmers and ensure access to vital resources.
President Zippy Duvall of the American Farm Bureau Federation expressed appreciation for President Trump’s decision to postpone the implementation of tariffs on imports from Mexico and Canada until April 2, 2025. This extension is viewed as beneficial, as it allows farmers to export agricultural products without the risk of retaliatory tariffs.
Duvall highlighted the significance of maintaining trade relations, noting that over 20% of U.S. farm income is derived from exports, with Mexico and Canada as primary trading partners. Additionally, he emphasized that approximately 85% of potash, a crucial component in fertilizers, is sourced from Canada, making these ties vital for American agriculture.
The Farm Bureau has been actively engaged with officials from the White House, USDA, and the U.S. Trade Representative’s office to stress the detrimental effects that tariffs can have on the agricultural sector, particularly as farmers are enduring their third consecutive year of losses across major crops. The message to the administration is clear: work towards a sustainable resolution with Mexico and Canada to safeguard important markets and ensure consistent access to necessary supplies for American farmers.
In summary, the American Farm Bureau Federation commended the delay of tariffs on Mexico and Canada, recognizing the importance of these markets for U.S. agriculture. The continued advocacy for resolving trade issues is crucial to protect farmers’ incomes amidst challenging economic conditions. Maintaining these trade relationships is essential to support the agricultural sector and meet domestic food supply needs.
Original Source: www.fb.org
