President Trump’s tariff plan is slated to take effect this afternoon. It is a move months in the making, but now a number of ag groups are making a last-minute push, asking the Administration to reconsider.
Groups like the Farm Bureau, the National Farmers Union, and NASDA have all signed a letter to Ag Secretary Brooke Rollins, writing that sweeping tariffs would have negative consequences for the U.S. ag industry. They warn that retaliation would create hardships for farmers and ranchers who never recovered from the last round of tariffs.
They are asking for trade policy that advances U.S. agriculture and prioritizes new market access. President Trump is expected to enact the new trade policy this afternoon at 4:00 Eastern.
Not every industry is worried about the President’s plan, though. The Southern Shrimp Alliance welcomes tariffs, urging the President to effectively raise the price of foreign shrimp. The group accuses the Treasury Department of allowing foreign companies to directly compete with American fishermen and say it is causing multi-generational businesses to close shop. They hope tariffs will boost domestic production.
Rabobank’s outlook signals a tightening margin environment, emphasizing the need for cost control, trade stability, and clearer policy signals heading into 2026.
October 31, 2025 11:44 AM
·
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
October 30, 2025 03:25 PM
·
Chris Bliley with Growth Energy discusses ongoing concerns about U.S. ethanol exports and the expansion of market access promised under the Phase One deal between the U.S. and China.
October 30, 2025 02:30 PM
·
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
October 30, 2025 02:20 PM
·
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
October 30, 2025 12:56 PM
·
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
October 30, 2025 12:04 PM
·
