As the Commerce Department discusses possible tariffs on herbicide ingredients like 2,4-Dichlorophenoxyacetic acid (2,4-D), commodity groups and ag lawmakers are warning that the move could have unintended consequences for growers. Now, a bipartisan group of lawmakers is taking action.
The tariffs would include imports of those herbicides from China and India. The move stems from an investigation into those imports being sold at less than fair value, but groups like the National Corn Growers Association and the American Soybean Association are warning that any proposed tariffs could lead to a shortage.
Iowa Senator Chuck Grassley has sent a letter to the Commerce Department, stating that any additional pressure on farmers is unacceptable.
“My colleagues and I on the letter, are urging the Commerce Department to consider the impact that tariffs could have on farmers because farmers are already facing steep input costs to put their crops in the ground. Net farm income is expected to drop by nearly $40 billion this year. So if our government would put tariffs on 24d, it would only make the situation worse.”
Grassley notes that Corteva is the only other option for those supplies. The International Trade Commission is investigating and is expected to release its findings early next year.
