The American Farm Bureau Federation has welcomed President Trump’s postponement of tariffs on Mexico and Canada until April 2, 2025. This delay is crucial for agricultural exports and helps prevent retaliatory tariffs that could harm farmers. The Farm Bureau is actively engaging with governmental bodies to address the ongoing financial challenges faced by farmers due to multiple years of losses and highlight the importance of maintaining trade relationships with key partners like Canada and Mexico.
American Farm Bureau Federation President Zippy Duvall praised President Trump’s decision to postpone tariffs on imports from Mexico and Canada until April 2, 2025. Duvall highlighted that this delay allows farmers and ranchers to export American agricultural products without the risk of encountering retaliatory tariffs.
Duvall noted the importance of maintaining the safety of American families and creating equitable trade conditions. However, he cautioned that rural communities and farmers are often adversely affected by tariff retaliation. A significant portion of U.S. farm income—over 20%—is derived from exports, with Mexico and Canada being the primary trading partners. Moreover, Canada supplies approximately 85% of potash, a vital fertilizer component.
The Farm Bureau has been proactive in discussions with the White House, USDA, and the U.S. Trade Representative’s office regarding the tariff situation. Duvall emphasized the ongoing challenges faced by farmers and ranchers, who have experienced losses across most major crops for three consecutive years. He urged the administration to seek permanent resolutions with Mexico and Canada to protect vital markets and ensure that farmers have necessary supplies for food production.
In conclusion, the delay of tariffs on Mexico and Canada is seen as a positive move by the American Farm Bureau, aiding farmers in trade and market stability. The Farm Bureau continues to advocate for long-term solutions that protect agricultural exports and farmers’ access to essential supplies, in light of ongoing financial struggles in the agricultural sector.
Original Source: www.fb.org
