Source: 95.3 MNC, 1/24/22


New data from USDA’s Economic Research Service (ERS) shows retaliatory tariffs reduced U.S. ag exports annually by $13.2 billion. Specifically, the research points to six trading partners, Canada, China, the European Union, India, Mexico, and Turkey, that announced retaliatory tariffs affecting agriculture and food products in 2018. The retaliatory tariffs followed U.S. tariffs on steel and aluminum imports from major trading partners and on a broad range of imports from China.

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