China recently announced retaliatory tariffs against the U.S.
Beginning April 10th, China will impose a 34 percent tariff on all U.S. goods, the same amount as President Trump’s reciprocal tariffs announced this week.
Today, President Trump made the announcement that the U.S. will impose more tariffs if China does not back down on Truth Social.
“If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose additional tariffs on China of 50%, effective April 9th.”
China plans to enact export controls on a number of materials used to make semiconductors.
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The U.S. Supreme Court ruled on Friday that imposing duties without Congressional authorization exceeds presidential powers. RealAg Radio host Shaun Haney joins us to discuss the potential trade and agriculture implications of the recent ruling.
Fertilizer still consumes an unusually large share of crop value.
The USDA Agricultural Outlook Forum highlights modest price support from tighter supplies across cotton, grains, dairy, livestock, and sugar into 2026.
The global rice surplus outweighs tighter U.S. supplies, pressuring prices.
Smaller supplies could support cotton prices despite weak demand.
Strong corn exports support prices while soybeans lag yearly pace. However, large carryover stocks limit upside despite solid yields.
