Michigan farmers at risk of significant trade war losses

mlive.com

Senator Elissa Slotkin warned that farmers in the U.S. could lose billions of dollars due to a potential trade war with Canada and Mexico. She spoke to farmers near Grand Rapids, Michigan, where she highlighted the state’s unique vulnerability. Slotkin stated that research shows Michigan would be the most affected state. This is because the state relies heavily on both farming and manufacturing. Farmers are particularly concerned about tariffs since they could lead to significant financial losses. Recently, President Trump imposed tariffs on imports from China and also on products from Canada and Mexico. Although he suspended the latter tariffs shortly after, he is set to decide whether to reinstate them on April 2. Slotkin emphasized that if the tariffs return, it could have a serious impact on Michigan farmers, as Canada is their largest market. She noted that Michigan farmers face higher risks from tariffs than those in other states. Slotkin is currently serving her first term in the U.S. Senate after a tight election win in November. This situation is still developing, and updates are expected.


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