The Effects of Tariffs on Agricultural and Rural Communities
Agriculture is facing the perfect storm - trade uncertainties, decade lows in farm income, agricultural labor shortages and the uncompleted 2018 Farm Bill. It is quickly becoming more than we can handle. The current tariffs, continuing back-and-forth retaliatory actions and trade uncertainties are hitting American agriculture from all sides and are causing us to lose our markets. All commodities are being impacted, but in Minnesota we are hearing the most from our members that are growing soybeans and raising pigs. Many decisions in farming are not made week by week. We have to make decisions a long time before our crops are planted, much less harvested. Unlike other industries, it is nearly impossible to quickly adjust to factors outside of our control. We can manage some of our risks through crop insurance and other risk management tools. The impact tariffs are having on prices and on our farms is what is keeping farmers up at night.
Steel and Aluminum Tariffs Under Section 232
Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world. We must not let our country, companies and workers be taken advantage of any longer. We want free, fair and SMART TRADE!
Auto Import Impacts on U.S. National Security
America does not go to war in a Ford Fiesta. There is no support for the proposition that imports of cars, trucks, SUVs and auto parts implicate national security concerns of the United States. To the contrary, the greatest threat at this time is the possibility the Administration will impose duties on imports in connection with this investigation. Such duties would raise prices for American consumers, limit their choices, and suppress sales and U.S. production of vehicles. Rather than creating jobs, these tariffs would result in the loss of hundreds of thousands of American jobs producing and selling cars, SUVs, trucks and auto parts. Any retaliatory tariffs and copy-cat protection based on national-security justifications would cost hundreds of thousands more jobs both inside and outside the sector.