Tariffs Paused - Newhouse
From the Ag Information Network, this is today’s Fruit Grower Report. In a sudden about-face, President Trump says he will lower the tariffs he’d just imposed on dozens of countries for 90 days.I asked U.S. Representative Dan Newhouse if he thought the President’s delay was a good idea? …
NEWHOUSE … “I can tell you that, in my estimation, it’s a smart thing to do. Pausing the tariffs so that countries can negotiate with us so that we can get the best trade deal possible for our country and for our customers or our trading partners, I think is a good thing.”
And the timing, Newhouse says is probably a good thing for many of our Northwest farmers …
NEWHOUSE … “I know there are a lot of people at home that are raising a lot of concerns, and justifiably so. You know, we will have agricultural crops being harvested before you know it and we need to have those markets available. So, having a 90-day pause gives us that opportunity to get some of that important work done before we start harvesting.”
Newhouse says he appreciates the President’s objective, but now, time is of the essence …
NEWHOUSE … “90 days goes by pretty quickly. Hopefully, we can get that work done at the bargaining table because I think we really need to get our trade representatives buckled in for getting a lot of good work done in a very short amount of time.”
However, the President kept the pressure on China, the No. 2 provider of U.S. imports, raising tariffs on Chinese imports to 125%.