Iowa Pleased with Deal to Lift Mexico, Canada Tariffs
Iowa Ag Connection - 05/20/2019
"[Friday's] announcement that the Trump Administration is lifting the 232 Steel and Aluminum tariffs is a positive development, particularly for Iowa pork producers, and IFBF members are hopeful this is the beginning of continued progress on opening trade
markets," the Iowa Farm Bureau reports. Its members have been advocating for increased trade and closely monitoring the situation as trade disruptions are coming at a difficult time for Iowa farmers; floods are wreaking havoc; weather is driving planting delays
and low commodity prices continue to make profits elusive.
"The lifting of steel and aluminum tariffs reopens unfettered access to our longtime trading partners -- Mexico and Canada. Renewed market access to Mexico will directly impact Iowa's pork industry. IFBF applauds this latest development and urges Congress
to move towards swift passage of the United States-Mexico-Canada (USMCA) agreement."
Gov. Kim Reynolds said, "Today represents a significant step forward for Iowa's agriculture and manufacturing industries. Mexico and Canada are Iowa's top two trading partners, and the removal of steel, aluminium, and retaliatory tariffs will increase exports of
Iowa products. I want to thank President Trump and his administration for leading on this important issue throughout the entire negotiation process. Now that these tariffs have been lifted, it's critical for Congress to ratify the USMCA as soon as possible."