Farm Bureau Commends Delay of Tariffs on Mexico and Canada

President Zippy Duvall of the American Farm Bureau Federation commended President Trump for delaying tariffs on Mexico and Canada to April 2025. The delay is beneficial for U.S. farmers and ranchers, preserving essential markets while countering the economic challenges posed by tariffs. The Farm Bureau continues to advocate for resolution of trade issues that affect agricultural supply chains and income.

President Zippy Duvall of the American Farm Bureau Federation expressed appreciation for President Trump’s recent decision to postpone tariffs on imports from Mexico and Canada until April 2, 2025. This decision allows farmers and ranchers to export their goods to these nations without concerns of retaliatory tariffs.

Duvall noted that while ensuring family safety and equitable trade is important, farmers and rural communities often bear the brunt of tariff repercussions. Currently, over 20% of U.S. farm income is derived from exports, with Mexico and Canada identified as principal trading partners. Moreover, around 85% of potash, crucial for fertilizer, is sourced from Canada.

The Farm Bureau has been actively engaging with officials from the White House, USDA, and the U.S. Trade Representative’s Office to underline the negative effects of tariffs on farmers who have faced three consecutive years of declining earnings across almost all significant crops. The organization urged ongoing efforts from the administration to resolve trade issues with Mexico and Canada to safeguard essential markets and ensure that farmers have the necessary supplies to support America’s food security.

In summary, President Duvall’s remarks highlight the critical need for continued dialogue and resolution of trade issues with Mexico and Canada, which are vital to the health of U.S. agriculture. The delay in tariffs is a welcome relief for farmers, who rely heavily on exports and are currently facing significant economic challenges. Ongoing engagement with key officials is essential to safeguard the interests of the agricultural sector.

Original Source: www.fb.org