Home » NEWS » Agribusiness » Mississippi River mayors: Paris pullout hurts US ag exports

Mississippi River mayors: Paris pullout hurts US ag exports

Mayors along the Mississippi River say President Donald Trump’s decision to pull out of a worldwide climate agreement could severely damage U.S. agricultural exports.

The Mississippi River Cities and Towns Initiative says in a news release Friday that nations remaining in the Paris agreement will impose carbon pricing through taxes or trading systems, without any say from the United States.

The group says the 10-state corridor moves $164.6 billion a year in agricultural products, including 55 to 70 percent of all exported corn, soy and wheat. It says the U.S. has a trade surplus in those commodities.

Chris Coleman, the mayor of St. Paul, Minnesota, says, “The Mississippi River Basin allows our nation to lead the global commodities market. Now, we have ceded that status to other nations.”

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press

One comment

Leave a Reply

Your email address will not be published. Required fields are marked *

*