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Balanced Reporting. Trusted Insights.
Saturday, April 05, 2025
Certain agriculture inputs will be exempt from the 10% across-the-board duties and higher reciprocal duties applied to specific trade partners, according to a detailed list of carveouts published by the White House.
There is continued handwringing on Capitol Hill over the president’s vast new duties on U.S. trade partners. Senators have launched a bipartisan bid to claw back some congressional oversight of U.S. trade policy less than 24 hours after the “Liberation Day” announcement.
Beijing announced on Friday it would slap 34% tariffs on all imports from the U.S. beginning next week in response to President Donald Trump’s reciprocal tariffs.
Farm groups are imploring the Trump administration to use the stiff, new reciprocal tariffs as leverage to secure greater market access for U.S. producers, but some trade analysts warn that the tariff designs may not lend themselves to swift dealmaking.
Just hours after President Trump announced sweeping new duties on U.S. trade partners, multiple senators from his own party sided with Democrats to rebuke his trade policy.
President Donald Trump is set to unveil the largest tariff announcement of his presidency today, in what he has dubbed “Liberation Day” in America. But those hoping for some runway to prepare for new duties may be disappointed. The White House says the new tariffs will come into play immediately.
Democrats are looking to capitalize on the political opportunities afforded by President Donald Trump’s sweeping tariff proposals and downplaying of the negative price impacts, lawmakers told Agri-Pulse this week.
Farmer sentiment fell in March, reflecting concerns about commodity markets and trade policy, according to the monthly Purdue University-CME Group Ag Economy Barometer.
A coalition of industry groups appealed to senior administration officials on the eve of “Liberation Day” to urge the administration to pursue a trade policy that supports U.S. ag producers.