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Friday, March 2, 2018
Ag Groups Concerned About Trade Retaliation U.S.
Wheat Associates and
the National Association of Wheat Growers were both very disappointed in
the Trump Administration’s decision to impose tariffs on steel and
aluminum imports. A statement says they have repeatedly warned of the
risks of retaliation and the precedent set by such a policy would have
potentially serious consequences for agriculture. The groups say it’s
disappointing that the voices of farmers and many other industries were
ignored in favor of an industry that’s already among the most
well-protected in the country. Also, Brian Kuehl of the Farmers for Free
Trade Organization says they are also deeply concerned that the move to
impose tariffs will unintentionally hurt American agriculture. “These
tariffs are very likely to accelerate a tit-for-tat approach on trade,
putting U.S. agricultural exports in the crosshairs,” Kuehl says. “We’ve
already seen China discussing tariffs on sorghum, while the EU and
China have both indicated they will move forward with swift retaliation
in the wake of these tariffs.” He adds that everyone agrees on the need
to hold trading partners accountable but taking unilateral action like
this will have unintended consequences. “The ag sector knows from
experience that our ag exports are the first to be hit by retaliation,”
he adds.