President Trump has set the the course for a $50 billion tariff against China to take effect.
According to a recent release from the American Soybean Association (ASA), the move will lead to “more uncertainty and a potentially devastating drop in Chinese imports of U.S. soybeans and soy products.”
According to an article on NPR, the tariff will take effect on July 6.
In retaliation, China just announced it will impose a 25% tariff on U.S. farm and auto products, also to take effect on July 6.
Roughly 60% of the soybeans grown here in Wisconsin are exported to China so growers have good cause to be concerned.
As Dave Stephens, a Kentucky soybean growers and Vice President of the ASA puts it: “Crop prices have dropped 40 percent in the last five years, and farm income is down 50 percent compared to 2013. As a soy grower, I depend on trade with China. China imports roughly 60 percent of total U.S. soybean exports, representing nearly 1 in 3 rows of harvested soybeans,” Stephens said. “This is a vital and robust market that soy growers have spent over 40 years building and, frankly, it’s not a market U.S. soybean farmers can afford to lose.”
What Can You Do?
All Americans have the right to be heard by their elected representatives. If these issues cause you concern, it’s your right to speak up and your legislators know how you feel and why. (And keep an eye out for future legislative updates).
Here’s a list of whom to call:
Sen. Ron Johnson – ask for Meris Petek’s voice mail – 202-224-5323
Sen. Tammy Baldwin—ask for Colleene Thomas voice mail – 202-224-5653
Rep. Ron Kind – ask for Aaron White’s voice mail – 202- 225-5506
Rep. Sean Duffy – ask for Ryan McCormack’s voice mail – 202-225-3365
Rep. Mike Gallagher – ask for Matt Tucker’s voice mail – 202-225-5665
Rep. Paul Ryan – ask for Laura Wiley’s voice mail – 202-225-3031
Rep. Mark Pocan – ask for Syd Terry’s voice mail – 202-225-2906
Rep. Glen Grothman – ask for Chris Grawein’s voice mail – 202-225-2476
Rep. J. Sensenbrenner—ask for Jacob Perterson’s voice mail – 202-225-5101
To make your thoughts known to President Trump, email is the fastest method to reach the President according to whitehouse.gov. You can also call and leave a comment at 202-456-1111, or write him at The White House, 1600 Pennsylvania Avenue NW, Washington DC 20500.