RFA Calls for Reciprocal Tariffs on Chinese Imports

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(NAFB.com) – The Renewable Fuels Association thanked the Trump administration for its effort to enforce a 2019 trade agreement with China, noting in comments to the U.S. Trade Representative that China didn’t satisfy its commitments. The RFA says China failed to satisfy its commitment to increase trade in ethanol and distillers’ grains. So, the Association called on the White House to implement reciprocal duties on U.S. imports of Chinese ag products. “We applaud the USTR’s Office for taking a closer look at China’s failure to deliver on its Phase One commitments, which resulted in a lost market opportunity for U.S. ethanol producers and farmers and caused significant financial losses,” said Geoff Cooper, president and CEO of the RFA. Cooper added that China purchased only 58 percent of the total U.S. goods and services exports in 2020 and 2021, which it had committed to buy under the Phase One Agreement signed in 2019.

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