(WIAT) – Governor Kay Ivey is breaking with President Trump on the issue of import tariffs as Ivey believes potential tariffs could “harm Alabama.”
Like Ivey, the farming industry in Alabama is concerned as well. Bill Lipscomb, as manager of Autauga Farming Company, is supposed to protect the farming industry.
“We raise cattle, cotton, corn , soy beans, small grains such as wheat, oak and pecans,” explained Lipscomb.
Lipscomb says anytime there’s talk of tariffs in the farming industry, it’s alarming because one of the items that could be affected in is soy beans.
The Trump administration is proposing taxing $200 billion worth of Chinese goods and potentially even more.
“The main thing that we need is stability, we need to know where we are so we can plan our inputs and cost, ” Lipscomb said.
John McMillan, Alabama’s Agriculture Commissioner, tells us he understands the President’s approach and thinks that for too the U.S. has been taken advantage of.
“Agriculture products end up being used as retaliatory tools,” said John McMillan. “I think what we’ve got to do is just ride it out and hope that the president’s negotiating skills will come into play.”
McMillan says he believes the intent is to put global trading on an even playing field.