America’s farmers and ranchers got a special shoutout from the Oval Office this week. During a press conference announcing the trade deal with the United Kingdom, President Trump said the agreement will greatly benefit rural America.
“The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol, and virtually all of the products produced by our great farmers, and our Secretary of Agriculture is here. Brooke, thank you very much. You’ll let the farmers know.”
Sec. Rollins explained that part of the deal includes a big win for beef producers with around $250 million in exports for products like beef. Tariff rates were adjusted as well. The UK dropped its rate, while the U.S. saw a jump to 10 percent. President Trump also said the UK would be removing non-tariff barriers as part of the agreement. Secretary Rollins will be in the UK early next week to talk with her British counterparts. For now, the cattle industry is calling this a win for U.S. ranchers.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.
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