FMI issues statement on SCOTUS decision on reciprocal tariffs

ARLINGTON – Today, FMI – The Food Industry Association commented on the U.S. Supreme Court’s ruling on the Trump administration’s reciprocal tariffs levied under the International Emergency Economic Powers Act. FMI President and CEO Leslie G. Sarasin offered the following statement. 

“We are continuing to review the ruling and its impact on FMI members. This decision raises many questions that must be answered quickly to minimize confusion in the marketplace. We urge Congress, the Trump administration and other relevant stakeholders to work together to establish a process that provides clarity for food businesses and the American consumers they serve every day. 

“FMI also strongly encourages the Trump administration to preserve exemptions for agricultural goods not produced in the United States and those not grown domestically in sufficient quantities to meet consumer demand, as well as items covered under the USMCA. These exemptions have been critical for ensuring adequate supply and they support President Trump’s efforts to keep groceries affordable for the American people. 

“As the implications of this decision become clearer in the coming weeks, we stand ready to work with the Trump administration and policymakers to ensure we continue to have the safest, most abundant and affordable food supply in the world.”