Not everyone is happy with the President’s tariff plan. Lawmakers recently debated a bill to limit the President’s powers through executive action.
The bill was called “Protecting Americans from Tax Hikes on Imported Goods Act,” and it would have clarified the President’s powers with executive orders, wording that they cannot be used to levy tariffs.
Senator Ron Wyden from Oregon argued that tariffs will hurt Americans directly in their wallets, saying they raise costs on a number of agricultural goods among other products.
Ultimately, the bill failed to get support and died in the Senate.
Related Stories
“I will work tirelessly to further support and protect our rural communities.” — Tom Schultz
RFD-TV Ag Law & Tax Expert Roger McEowen outlines the top ten agricultural law and taxation topics from 2024 that will impact farmers and ranchers the most in 2025.
“This is one way that cattle producers can make sure they have a serious voice in promoting and defending their own product in the marketplace...”