Zippy Duvall on Tariffs
From the Ag Information Network, I’m Bob Larson. The back and forth on President Trump’s tariff threats has many in the agricultural industry feeling a bit anxious and asking, will he, or won’t he?Zippy Duvall, president of the American Farm Bureau Federation, says most understand it’s part of the game, but that doesn’t make it any easier …
DUVALL … “Farmers have long supported fair trade and expanding access to global markers. With the new tariffs introduced, farmers are concerned about the impact on our agricultural exports, along with imports of essential farm tools, as our trading partners announce retaliatory tariffs in response.”
Particularly, Duvall says when it involves our neighbors and our biggest trading partners …
DUVALL … “Top destinations for our farm exports and essential imports are Mexico, Canada and China, accounting for $83 billion and half our total agricultural exports.”
Any disruption of any of these markets, Duvall says, would lead to higher costs, fewer customers to buy our products, and ripple effects across our entire economy …
DUVALL … “We’re hopeful the administration can limit trade disruptions and continue working with international partners to resolve disagreements quickly. The success of farmers, the strength of rural communities and the stability of America’s food supply are all depending on it.”
That’s Zippy Duvall, president of the American Farm Bureau Federation.