The National Corn Growers Association issued the following statement in response to the trade tariff actions taken today by the Administration:
“Trade plays an important role in many facets of the U.S. economy and impacts various industries in different ways. Agricultural trade has been a bright spot for U.S. economy, positively impacting our overall trade balance, while providing an important avenue to grow demand for America’s farmers and ranchers. New tariffs on steel and aluminum might not only trigger retaliation from our trading partners, but could also increase the prices farmers pay for necessary equipment, such as tractors and combines. The National Corn Growers Association is hopeful that, as the Administration moves forward, it will work to minimize the impacts upon America’s agricultural sector.”