US Ag Exports Potentially At Risk via Steel, Aluminum Import Duties, Says USDA's Perdue

Retaliatory actions by U.S. trading partners hit by the coming import duties on steel and aluminum could hurt U.S. agricultural exports, USDA Secretary Sonny Perdue told reporters at the sidelines of the National Grain and Feed Association (NGFA) meeting in Phoenix."There's certainly some trade disruptions based on aluminum and steel tariffs," he noted. Perdue also used a phrase he has previously on this topic, calling food/agriculture shipments the "tip of the retaliatory spear," adding, "Retaliation is tit-for-tat and retaliation is possible, but it's not up to us how other countries will react," Perdue said.