ARLINGTON, Va. – Today, FMI – The Food Industry Association resoundingly applauded President Trump for signing a presidential order that reduces tariffs on food and agricultural products not grown at all or in sufficient quantities in the United States to fully meet consumer demand. FMI president and CEO Leslie G. Sarasin offered the following statement.
“FMI is grateful and extremely pleased at President’s Trump’s actions to cut tariffs on a wide swathe of food and agriculture products. Today’s action should help consumers, whose morning cup of coffee will hopefully become more affordable, as well as U.S. manufacturers, which utilize many of these products in their supply chains and production lines.
“Many factors impact the price of food on grocery store shelves – including weather and crop yields, energy and transportation costs, packaging, and labor, among many others. Tariffs are an important factor in this complex mix of supply chain effects. President Trump’s proclamation to reduce tariffs on a substantial volume of food imports is a critical step ensuring continued adequate supply at prices consumers can afford.
“FMI wholeheartedly applauds President Trump’s efforts to provide swift tariff relief on certain food products to help ensure they remain as affordable as possible and accessible for American consumers.
“We fully support the administration’s economic objectives to enhance American competitiveness and affordability and stand ready to serve as a resource on how trade policies affect both consumer costs and the resilience of our nation’s food supply chain.”
