U.S. Grains Council Statement On Imposition Of Tariffs On Chinese Goods

A statement from U.S. Grains Council President and CEO Tom Sleight:

“The farmers and exporters we represent have been here before regarding China and they are well aware of what it’s like to deal with tariffs, counter-tariffs and policy restrictions. Since 2010, we have been adversely impacted by trade policy actions by China against U.S. distiller’s dried grains with solubles (DDGS), sorghum, ethanol and corn. China is a very important market for U.S. coarse grains and their co-products, but so too is the rest of the world. We will stay closely engaged with the China market and its importance to U.S. agriculture, but we will also redouble our efforts in the rest of the world to expand demand.

“We are concerned any tariff opens this market to our competitors and locking out U.S. products doesn’t mean trade stops – it means other partners will take our place. Bottom line: tariff battles are never productive.