Tariffs
Tariffs, also known as taxes on imported goods, are a tool used by President Donald Trump as part of his overall economic vision. As U.S. agriculture navigates tariffs and their implications on trade, commodity prices, input costs and more, ag economists and farmers remain divided on the effectiveness of tariffs and what the changes mean for the broader economy and livelihoods.
Canada has agreed to lower tariffs on 49,000 Chinese electric vehicles, as part of a deal aimed at rebuilding ties with Beijing.
Domestic importers and farmers ‘bore the tariff burden substantially, says new research from North Dakota State University.
The court issued more rulings Wednesday but did not act in the tariffs case, which was argued on Nov. 5.
New tariffs on goods from countries trading with Iran risks derailing his one-year trade truce with China.
Rice at $132.89 and cotton at $117.35 will receive the highest per-acre rates, but some have called payments a bandage in the midst of current farm economic crisis.
As he finishes up his term as American Soybean Association president, the Kentucky farmer’s key takeaway from his time in the spotlight is the importance of farmers banding together to influence policy.
At a White House roundtable with farmers, a rice producer’s candid message stole the spotlight. Meet Meryl Kennedy, the rice producer who had a powerful message for President Trump last week.
President Trump on Monday signaled he could impose new tariffs on agricultural products
USDA will deliver $11 billion in one-time bridge payments to help farmers offset 2025 trade disruptions and rising costs. Eligible producers must verify 2025 acreage reports by Dec. 19, with payments expected by Feb. 28, 2026.
Treasury Secretary Scott Bessent says China is making progress on its commitment to buy U.S. soybeans, hitting the “correct cadence,” with purchases expected to wrap by February 2026 — underscoring ongoing trade commitments and support for farmers.