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Balanced Reporting. Trusted Insights.
Wednesday, April 16, 2025
Donald Trump is doubling down on his prediction that farmers are going to sell a lot more of their crops domestically because of his trade wars. Trump imposed higher tariffs on Canada, China and Mexico on Tuesday. And in his speech Tuesday night to a joint session of Congress, Trump reiterated his plan to impose reciprocal tariffs starting April 2.
Buyouts and firings have shrunken staffs at USDA field offices as the Trump administration works to downsize the federal workforce. Leases for some locations will soon be terminated.
The Agriculture Department has notified some building owners of plans to terminate office leases as the Trump Administration seeks to cut back on agency spending.