A study from North Dakota State University, commissioned by the U.S. Dry Bean Council, concluded that retaliatory tariffs by the European Union have put U.S. farmers at a price disadvantage in international markets. This has resulted in reduced exports and potentially lost export markets in the future.
The study looked at the impact of tariffs on the three principal types of dry beans exported to the EU; dark red kidney, navy, and Great Northern beans. NDSU researchers concluded that tariff levels must reach an inflection point, or key level, before export amounts are negatively impacted.
