As part of the COOL Reform Coalition, National Cattlemen’s Beef Association has signed onto a letter to Congress asking for immediate action to assure U.S. compliance with international trade obligations. The coalition is comprised of a diverse group of association and companies that represent U.S. food, agriculture and manufacturing industries, each having a great stake in potential trade retaliation.
“Canada has already issued a preliminary retaliation list targeting a broad spectrum of commodities and manufactured products that would affect every state in the country,” states the letter. “Mexico has not yet announced a preliminary retaliation list, but has implemented retaliatory tariffs in the past which may be indicative of future tariff actions. If tariff retaliation is authorized, U.S. industries would suffer billions in lost sales and take years to recover lost export markets after the tariffs are lifted.”
The complete letter can be found here.