American Farm Bureau Federation President Zippy Duvall commented today on President Trump's decision to temporarily pause and reduce reciprocal tariffs.
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"Farm Bureau appreciates President Trump's decision to pause the reciprocal tariffs on dozens of America's trading partners for 90 days. We have been engaging directly with the White House, U.S. Trade Representative, and U.S. Department of Agriculture to emphasize the toll tariffs will take on America's farmers and ranchers, who are already strapped because of high supply costs and shrinking paychecks. Creating more market challenges puts at risk more than 20% of U.S. farm income. We're encouraged that those concerns are being heard.
"While the pause brings some temporary certainty, questions remain about the long-term competitiveness for farmers in the global marketplace. We encourage the administration to swiftly resolve trade disputes and to pursue strategies that will ensure America's farmers can continue to stock the pantries of families here at home and abroad."
For more information:
American Farm Bureau Federation
Tel: +1 202 406 3600
Email: media@fb.org
www.fb.org