US TARIFFS & FOREIGN RETALIATION

The Administration acted this week by implementing responsive tariffs aimed at strengthening the U.S. international economic standing to address a trade deficit. This deficit stems from a lack of reciprocity in trade relationships, as well as harmful foreign policies such as currency manipulation and excessive value-added taxes (VAT).

The U.S. potato industry strongly supports the nation’s commitment to free and fair trade, ensuring that American-grown potatoes and potato products remain competitive in global markets.

For more than 30 years, Japan has restricted access to U.S. fresh table-stock potatoes, limiting opportunities for American farmers. We remain hopeful that the Administration’s focus on reducing trade barriers will lead to the expansion and full opening of new markets, including Japan’s fresh potato sector.

International trade plays a critical role in the health of the U.S. potato industry. Approximately 20 percent of all U.S.-grown potatoes are exported, either in fresh or processed form, helping to maintain a stable balance between supply and demand.

Like many agricultural sectors that operate with slim profit margins, U.S. potato growers are concerned about the potential impact of tariffs on trade and production costs. With potato prices hovering near historic lows, additional tariffs could disrupt the market, affecting both the price of potatoes and the essential inputs required for farming. Tariffs on imported fertilizers and crop protection tools would likely drive-up costs, placing additional financial pressure on American farmers.

The U.S. potato industry remains committed to working with the Administration to advocate for policies that support growers, both at home and abroad. We will continue to highlight the effects of tariffs on the industry and work toward solutions that allow American potato growers to produce and market their crops effectively in an increasingly competitive global landscape.