By Jamie Martin
The seed industry faces a new era of uncertainty with the introduction of abrupt tariffs on international trade, according to Sam Crowell from the American Seed Trade Association (ASTA). These tariffs, rolled out through an executive order, sidestep the traditional processes that allowed for industry input.
“In the short term, I think the hardest part for us all is navigating the uncertainty around timelines and scope of coverage,” Crowell expressed, underscoring the immediate concerns of the seed trade community.
This sudden policy shift means a 25% increase in the cost of imported seed products, affecting everything from seed production to testing and amplification across borders. The financial repercussions are significant, impacting not just large firms but every player in the industry.
As ASTA braces for these changes, Crowell highlighted the logistical nightmares at the Canadian and Mexican borders, where delays have become commonplace. With the April 2 exemption expiration date fast approaching, companies are scrambling to adapt.
ASTA is not standing by idly. The organization is sending out frequent updates to its members and engaging with government officials to seek practical solutions. The upcoming ASTA Leadership Summit will also serve as a crucial lobbying opportunity.
This challenging time for the seed industry calls for unity and proactive communication to navigate the complexities of international trade affected by sudden tariff implementations.
Photo Credit: gettyimages-zoran-zeremski
Categories: National