U.S. trade policy is facing some new uncertainty as a federal appeals court rules that most of President Trump’s sweeping tariffs were improperly imposed.
They will remain in effect while the decision is appealed up to October 14th.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s Tammi Arender about the International Emergency Economic Powers Act, the court’s rulings, and the big takeaway from the situation.
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Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.