WASHINGTON, DC – American Farm Bureau President Zippy Duvall expressed alarm about potential harm to farmers resulting from the order signed by President Trump imposing stiff tariffs on the United States’ top three agricultural markets by value. An economic emergency was declared to put duties of 25% on imports from Mexico and Canada, with limited exceptions, as well as 10% on all imports from China. Canada and Mexico both announced they would impose retaliatory measures. 

“Farm Bureau members support the goals of security and ensuring fair trade with our North American neighbors and China, but, unfortunately, we know from experience that farmers and rural communities will bear the brunt of retaliation. Harmful effects of retaliation to farmers ripple through the rest of the rural economy. 

“In addition, over 80% of the United States’ supply of a key fertilizer ingredient — potash — comes from Canada. Tariffs that increase fertilizer prices threaten to deliver another blow to the finances of farm families already grappling with inflation and high supply costs. 

“Farm and ranch families answer the call to feed America’s families and the world, and these tariffs and the promised retaliation will put further stress on their livelihoods. More than 20% of U.S. farm income comes from exports, which are dominated by these three markets. Just last year the U.S. exported over $30 billion in agricultural products to Mexico, $29 billion to Canada and $26 billion to China – our top three markets and nearly half of all exports by value combined. 

“The uncertainty hits just as operating loans are being secured and spring planting approaches, leaving farmers in a tough spot. We look forward to working with President Trump to position our farmers for success while also ensuring American strength and leadership on the international stage.” 

The Executive Order can be found here.


** UPDATE **

Farm Bureau Encouraged by Mexico Tariff Delay

WASHINGTON, February 3, 2025 – American Farm Bureau Federation President Zippy Duvall commented today on the 30-day tariff extension agreement reached between the United States, Canada and Mexico. 

“Farm Bureau is encouraged that the United States, Canada and Mexico have agreed to delay the use of tariffs for the next month. Tariffs and tariff retaliation often hit farmers and ranchers hard, which make it more difficult for them pay their bills and grow the food America’s families rely on. 

“We appreciate the Administration making every effort to resolve these disputes, keep international markets accessible and ensure a stable food supply here at home.”