Minnesota Governor Tim Walz and Agriculture Commissioner Thom Petersen embarked on a trade mission to Switzerland and Germany last November, aiming to boost Minnesota's exports and strengthen business ties with these countries.
The delegation visited major business centers in Zürich, Düsseldorf, and Berlin, with stops at key companies such as Buhler Inc., Cargill, Syngenta, and CLAAS. Petersen said that the group met with various ag businesses and organizations from Minnesota's soybean and edible bean industries.
While concrete outcomes for the state's agricultural trade with Germany and Switzerland are still pending, Petersen acknowledged that relationship-building was a priority. "So many of the businesses have strong connections in Minnesota, or want to improve their connections in Minnesota," he noted.
The trip also took place against the backdrop of significant changes in U.S.-Switzerland trade policy. Just before the delegation's departure, the US and Switzerland announced plans to cut tariffs on Swiss goods to 15%, a move that had been held up by a previous tariff rate of 39%.
Petersen expressed relief at the news, saying it was "big news." However, he emphasized that building relationships with companies like Buhler, which has its North American headquarters in Minnesota, is key. "It's not just about tariffs; it's about how we support them," he said.
The mission also gave Petersen an opportunity to witness firsthand the impact of US federal policy on trade. He noted that, in today's globalized economy, industry connections are crucial for driving growth and jobs back home.
As the trip came to a close, Petersen reflected on his experiences and suggested that Minnesota's ag commissioner role allows him to see the interconnectedness of different industries. "It's kind of interesting to show what a small world it is," he quipped, referencing the state connections found in these global companies.
The delegation visited major business centers in Zürich, Düsseldorf, and Berlin, with stops at key companies such as Buhler Inc., Cargill, Syngenta, and CLAAS. Petersen said that the group met with various ag businesses and organizations from Minnesota's soybean and edible bean industries.
While concrete outcomes for the state's agricultural trade with Germany and Switzerland are still pending, Petersen acknowledged that relationship-building was a priority. "So many of the businesses have strong connections in Minnesota, or want to improve their connections in Minnesota," he noted.
The trip also took place against the backdrop of significant changes in U.S.-Switzerland trade policy. Just before the delegation's departure, the US and Switzerland announced plans to cut tariffs on Swiss goods to 15%, a move that had been held up by a previous tariff rate of 39%.
Petersen expressed relief at the news, saying it was "big news." However, he emphasized that building relationships with companies like Buhler, which has its North American headquarters in Minnesota, is key. "It's not just about tariffs; it's about how we support them," he said.
The mission also gave Petersen an opportunity to witness firsthand the impact of US federal policy on trade. He noted that, in today's globalized economy, industry connections are crucial for driving growth and jobs back home.
As the trip came to a close, Petersen reflected on his experiences and suggested that Minnesota's ag commissioner role allows him to see the interconnectedness of different industries. "It's kind of interesting to show what a small world it is," he quipped, referencing the state connections found in these global companies.