The 25 percent tariff on steel and aluminum is officially in place. President Trump signed the official proclamation last night.
The move includes a 25 percent tariff on steel and aluminum from all countries. Tariffs had already been in place, but there had been exceptions. The move is supported by steel manufacturers in the United States, who have long asked for protections from cheaper foreign imports.
President Trump called the move a big deal and said it is time for great industries to come back to America. The President also talked about concerns that recent tariff action would hurt farmers and ranchers.
“The farmers are going to be helped greatly because they’re not going to be dumping everything into our country. This would be a great bill for farmers. In terms of retaliation, if they retaliate, it’s reciprocal. So, if they raise it a little bit, then we raise it immediately. So, I don’t think it helps for them to retaliate.”
Tariffs have been a big topic out of Washington since Trump took office. There is still a pause on 25 percent blanket tariffs on Canada and Mexico while discussions continue.
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
January 30, 2026 12:51 PM
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The changing political climate in America is leading to a drop in migrant crossings near the U.S.-Mexico border, where ranchers like Dr. Mike Vickers say they witnessed horrors from death to child trafficking.
January 30, 2026 11:47 AM
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Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
January 30, 2026 11:44 AM
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A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
January 30, 2026 10:52 AM
Brent Graves of StockShowAuctions.com takes us to Grayson County to see the damage from a historic winter ice storm and what it will take to rebuild.
January 30, 2026 09:32 AM
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Strong blending demand continues to support ethanol use even as production and exports fluctuate.
January 30, 2026 07:00 AM
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