Farmers for Free Trade Responds to Section 301 Tariff List, Says Farmers Squeezed on All SidesTue, 03 Apr 2018 17:39:16 CDT
Today, Senator Max Baucus, Co-Chair of Farmers for Free Trade, released the following statement on the Section 301 tariff announcement.
“Farmers are going to get squeezed by this decision from all sides. First, the tariffs the U.S. announced today will make the ag equipment and inputs they rely on more expensive. Then they’ll face new tariffs on their exports when China retaliates. And as we saw yesterday, China is more than willing to target American farmers with retaliatory tariffs on our ag exports which will hurt farmers, main street businesses and consumers. As U.S. Trade Representative Robert Lighthizer has said on trade retaliation: “farmers get the short end of the stick.
"American farmers are watching this daily trade escalation closely, and they are worried. With ag incomes already slumping in the U.S., new tariffs could mean real trouble for the entire ag supply chain. We continue to urge the Administration to listen to farmers across rural America who can’t afford new taxes on their exports. Farm country is calling for an end to this trade war. We hope the administration will listen.”
Farmers for Free Trade is the leading coalition of businesses and associations advocating for trade policies that support U.S. agriculture.
Source - Farmers for Free Trade
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