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Farmers for Free Trade calls for tariff suspension
The organization Farmers for Free Trade is calling on
Congress and the Trump Administration to suspend trade tariffs to further
stimulate the U.S. economy. Executive director Brian Kuehl said in the letter
he provided to Brownfield that tariff elimination would send a signal to global
markets and help reverse recent COVID-19 related market declines.
Kuehl suggests the U.S. not walk away from trade disputes over intellectual
property and national security issues. He does ask, however, that the U.S. and trading
partners lift remaining tariffs while tackling the global pandemic and related
economic disruption.
There remain tariffs and retaliatory tariffs on hundreds of billions of dollars
in goods despite progress made in the last several months in eliminating them.
The letter is addressed to Senate Majority Leader Mitch McConnell, House
Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.
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