NFU Statement on the Tariff Reduction Between the U.S. and China

National Farmers Union  President Rob Larew released the following statement in response to the announcement made May 12 by the United States and China to institute a 90-day tariff reduction between the two countries:

“We are encouraged to see the administration responding to the concerns of farmers and ranchers by taking steps to ease trade tensions with China. Farmers spent years developing China into an important market for many agricultural products; future trade agreements must build on these decades of work. While today’s news is a positive next step, farmers continue to face significant uncertainty. We are watching these negotiations closely and expect any future deal to deliver lasting, meaningful benefits for America’s family farmers and ranchers.”