NCBA SUGGESTS TRADE AGREEMENTS ARE THE TRUE ANSWER TO HIGH TARIFFS ON U.S. BEEF
Courtesy of kla.org
USDA announced a $12 billion assistance program earlier this week for ag producers harmed by retaliatory tariffs in the ongoing trade wars waged by the Trump administration. Few details were released, but the program is reportedly targeted at those who produce dairy, hogs, soybeans, sorghum, corn, wheat and cotton. Further information and payments are expected to be available in September.
In response to the announcement, NCBA Director of International Trade Kent Bacus said he looks forward to reviewing the details of the trade retaliation relief package. He suggested, however, that trade agreements and enforcement will be the most effective long-term solutions to challenges faced by U.S. beef producers. He said U.S. beef has long been a target for high tariffs and restrictive trade policies by China and the European Union.
“We support a vigorous approach to tearing down trade barriers, including non-tariff barriers that are not based on science,” said Bacus.