New Mexico farmers unsure how $12 million tariff will impact local business

New Mexico farmers unsure how $12 million tariff will impact local business

Santa Fe New Mexican
By Joseph Ditzler

It’s still a question mark how much New Mexico farmers and ranchers will benefit from a $12 billion relief package, created by the Trump administration because they can’t see their products to certain foreign countries.  The short-term measure is aimed at helping farmers and ranchers weather retaliatory tariffs imposed on the United States by Mexico, China and other countries. It comes through the Commodity Credit Corporation — a program that dates to the Great Depression.  The government plans to buy surplus beef, rice, milk and other products for food banks and pay farmers and ranchers coping with “disrupted markets.”