MFU blasts Trump decision to slap tariffs on Mexican imports
May 31, 2019
Yesterday, President Trump announced that his administration would implement tariffs on all imports from Mexico starting June 10. The tariffs will begin at 5 percent and increase to up to 25 percent by Oct. 1, if, as Trump put it, Mexico does not stop undocumented immigrants from entering the U.S.
Over the past year, countries including Mexico have retaliated against Trump administration tariffs by slapping tariffs of their own on U.S. agricultural imports, driving family farm income down from already-low levels.
“At a time when we need to work with our global partners on fair trade agreements and addressing China’s misdeeds, the Trump administration’s decision to slap more tariffs on Mexico is terrible for family farmers,” said Minnesota Farmers Union President Gary Wertish. “If recent history is any indication, Mexico will respond with retaliatory tariffs on U.S. agricultural products, which would drive already-low farm income even lower. It’s also an obstacle towards completing the U.S.-Mexico-Canada Agreement that the administration has been touting for months now.
“Farmers Union supports fair trade agreements, which means we need to be a reliable trade partner. These brash tariffs will make negotiations with Mexico and others very difficult.”
# # #
Minnesota Farmers Union—Standing for Agriculture, Working for Farmers (www.mfu.org).