United States Senator Deb Fischer acknowledges she’s worried about a possible trade war with some of Nebraska’s top trade partners.
Fischer says she has talked with President Donald Trump, a fellow Republican, about the importance of NAFTA to Nebraska and now worries about a possible trade war with Canada and Mexico, the state’s top two trading partners.
“We’ll wait and see what happens now,” Fischer tells Coby Mach, host of Drive Time Lincoln on Nebraska Radio Network affiliate KLIN. “We’ve kind of seen the president go in and out on these different announcements, but, yeah, I’m very worried.”
Canada and Mexico are Nebraska’s top trade partners. They are part of the North American Free Trade Agreement (NAFTA) which Trump has heavily criticized. A report from Washington suggests Trump might want to end NAFTA in favor of seeking separate deals with the two countries. That story surfaces even in wake of months of negotiations attempting to reshape NAFTA.
A dispute involving aluminum and steel could touch off a trade war with the European Union, another of Nebraska’s major trading partners.
The Trump Administration has asked the EU and Canada, among other countries, to accept quotas to avoid tariffs on aluminum and steel.
Fischer says Nebraska relies on trade, especially Nebraska agriculture.
“This could have a big impact on our export markets,” according to Fischer. “So, we want to be sure to continue to push the president to make him understand the importance of ag.”
AUDIO: Brent Martin reports [:45]