The U.S. Dry Bean Council has submitted a request to USDA for new market developing funding as part of the Agricultural Trade Program. The program is offered as a one-time allocation of funding to develop new markets and mitigate adverse effects of tariffs. A 25 percent tariff on all U.S. dry beans imported by the EU is challenging the industry. Dry bean exports to the EU are down 20 percent from January to September of 2018, compared to the same period in 2017. The proposal includes a request for $2.5 million in funding for activities to offset losses.
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