1011 Now: Nebraska congressmen react to newly imposed tariffs for Chinese imports
LINCOLN, Neb. — President Donald Trump announced a 25 percent tariff on up to $50 billion in Chinese imports Friday, which will take effect July 6.
Beijing quickly responded that it would retaliate with penalties of the same scale on American goods and spelled out details to impose tariffs on 545 U.S. exports, including farm products, autos and seafood, according to a report in the Wall Street Journal.
Some of Nebraska's congressmen reacted after the news of the tariffs.
Rep. Jeff Fortenberry
“It is important to note that the trade deficit with China is bigger than half of our own defense budget,” Fortenberry said. “Our economic relationship with China is both very important and at the same time deeply broken. It needs to be fixed, and the quicker we can resolve this, the better off both peoples will be.”
Statement from spokesperson in Sen. Deb Fischer's office
“The senator will continue to be a fierce advocate for Nebraska ag producers and stress the critical role of trade in our state’s economy.”
Nebraska Corn also issued a statement regarding the tariff, which you can read below.
“Nebraska corn farmers are already struggling to break even due to low corn prices, but these tariffs aren’t hurting just farmers” said David Merrell, chairman of the Nebraska Corn Board and farmer from St. Edward. “More than 1 million American jobs are supported by U.S. ag exports alone. A trade war with China will deeply impact U.S. farmers, U.S. workers and U.S. consumers.”
“Agriculture is a U.S. trade champion and the president’s tariffs have the potential to hurt our country’s farmers” said Dan Wesley, president of the Nebraska Corn Growers Association and farmer from Morse Bluff. “Rural America was a strong supporter of President Trump during his campaign due to his commitment to farmers. We want to work with President Trump to help him understand the damage the tariffs are causing to rural America and hopefully he will reconsider.”
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