Analyst: Is President Trump putting tariffs on the wrong items?

Tariffs will be top of mind as Ag Secretary Brooke Rollins gets to work at the helm of the USDA. 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.

Related Stories
New U.S. fees on Chinese-owned and built ships took effect overnight, marking the latest escalation in maritime trade tensions between Washington and Beijing.
President Trump is expected to press Argentina to take a tougher stance on China in exchange for political and economic support.
For rural borrowers, freeing up community-bank balance sheets could mean steadier home loans, operating lines, and ag real-estate financing as winter planning ramps up.
“Good flies? Is that like a good fire ant?” Miller said. “I don’t know what a good fly is. I don’t know if they’re afraid to kill house flies or stable flies, but I’m ready to kill the screwworm fly.”
President Trump has long supported a direct line from Alberta’s oil fields to the Midwest.
The American Farm Bureau Federation (AFBF) is urging Congress and the Trump Administration to act quickly on behalf of American agriculture.

LATEST STORIES BY THIS AUTHOR:

Dr. Jeffrey Gold, President of the University of Nebraska, joined Rural Health Matters to outline a few key reminders for parents about keeping kids healthy during the holiday season.
Farm Journal Foundation Senior Policy Adviser Dr. Stephanie Mercier outlines new research on the top sixteen biosecurity threats in agriculture/
Rancher David Kroa of One Man Ranch joins us to share the story of his remarkable Shorthorn cow, Trish, who is beating the odds.
American Soybean Association President Caleb Ragland shares the soybean sector outlook following the announcement of farm aid to offset losses for U.S. row crop growers.
Tariff relief and new trade agreements may temper food costs by reducing import costs.