Letlow Files Bill Directing Tariff Revenue to Farmers

Congresswoman Julia Letlow has filed legislation to support American agricultural producers impacted by disruptions to the global trade market.

The bill would create a dedicated fund, administered by the Secretary of Agriculture, to provide a timely and targeted safety net for American farmers and producers. The Tariff Responses and Damages to Exports (TRADE) fund would equip the Trump Administration to respond swiftly to trade-related agricultural losses, allowing the President to deposit revenue from tariffs on foreign agricultural products directly into an account used to offset related losses suffered by American producers.

“As President Trump works to fix unfair trade practices, I’m moving to make sure our farmers receive the support they need,” said Congresswoman Julia Letlow. “This bill would dedicate money collected from tariffs on foreign ag products to American farmers. Our farmers are the lifeblood of Louisiana and our nation, and I’ll have their back every step of the way as President Trump works to create a level playing field with our trading partners.”

The fund could compensate agricultural producers affected by market changes as measured by a decrease in exports, increasing input costs, and tariffs and other trade barriers imposed by foreign countries.

To learn more about Congresswoman Letlow’s focus on agriculture issues on behalf of Louisiana’s 5th District, click here .