PFB: Steel and Aluminum Tariffs Could Negatively Affect Farmers
Pennsylvania Ag Connection - 03/12/2018
Pennsylvania Farm Bureau (PFB) is concerned that countries targeted by President Trump's tariffs on aluminum and steel will retaliate by placing new tariffs on agriculture products from the United States.
Pennsylvania agriculture exports $2.2 billion in goods each year, with 59% of total agricultural exports going to aluminum-producing countries and 17% of total agricultural exports going to steel-producing countries.
"Farmers typically support trade agreements, such as NAFTA, because they often lower or eliminate tariffs, making it easier and more affordable for foreign countries to buy our products," said PFB President Rick Ebert. "Higher tariffs make our products more
expensive and less competitive, which opens the door for other countries to replace the U.S. as a supplier of food overseas."
PFB notes that the president said he will not place aluminum or steel tariffs on our NAFTA partners, Canada and Mexico, while negotiations continue toward a revised agreement.