Tariffs will be top of mind as Rollins gets to work. They are a big part of President Trump’s agenda but some worry the ag industry could see some impacts. One International Policy analyst thinks Trump is putting tariffs on the wrong items.
“If you’re going to do tariffs, don’t do it on things that your firms are buying in order to produce stuff. Do it on the end products, do it on foreign cars coming in that are competing with cars made in America,” said Tim Sargent.
However, one ag economist says tariffs do have a purpose.
“The reason that we use tariffs might be to raise funds. It might be to protect American jobs, to grow American industries, and we can look at that from the slant that, okay, maybe perhaps that’ll work,” said Craig Lemoine.
Yesterday, the President ordered government agencies to study reciprocal tariffs and non-tariff barriers to trade. Their reports are due on April 1st.
