President Donald Trump is considering exempting certain agricultural products from tariffs imposed on Canada and Mexico, the latest move by the administration on Wednesday to offer relief to certain sectors from the sweeping new import taxes.
Agriculture Secretary Brooke Rollins told Bloomberg News that “everything is on the table” and she is “hopeful” that the administration could decide on providing relief for the agricultural sector.
“As far as specific exemptions and carveouts for the agriculture industry, perhaps for potash and fertilizer, et cetera — to be determined,” Rollins said Wednesday at the White House. “We trust the president’s leadership on this. I know he is hyper focused on these communities.”
Rollins was at the White House to meet with Trump and other economic officials to deliberate a path forward. Earlier Wednesday, the Trump administration announced that they are delaying for one month tariffs on automotive imports from Mexico and Canada following pleas from industry executives for more leeway.
Lawmakers from states with strong agriculture interests have pleaded with the administration to carve out tariff exemptions for fertilizers and other products that are critical for growing US crops.
Trump earlier this week also said the US would impose tariffs on “external” agricultural products starting April 2. The potential duties come as US food imports balloon, driving the country’s agriculture trade deficit to a record $49 billion this year.
Posted by John3262005
12 Comments
Hahahaha
Republicans once said Obama was picking winners and losers with Solyndra.
If only he had a month to think about all this
this is such a clusterfuck lmao
Trump’s tariff policies:
https://i.redd.it/gf6fc58p5zme1.gif
Not the subsidies again smh
Random bullshit go
Ok, so we need a massive tariff… except on autos, and farm goods, and energy. What’s next? Who is on next week’s dinner schedule
I know its unlikely but I wish these countries just refused to play his games. Mexico/Canada should slap an export tax on whatever carveouts until all the tariffs are removed.
This just sounds like the agriculture secretary lobbying via the media tbh
Love it.
He’s revealing his pain points on the second day of an intense trade war. The second coming of von Clausewitz.
> Lawmakers from states with strong agriculture interests have pleaded with the administration to carve out tariff exemptions for fertilizers and other products that are critical for growing US crops.
While supporting domestic ag is a good thing, the self interest is what still bothers me. As if they wouldn’t have done it if they weren’t repping ag heavy states.
Economic ignorance aside, you don’t even care about agriculture on principle.