President Trump’s trade policy officially goes into effect

“This is our turn to prosper.”

President Trump has officially announced the implementation of his tariffs.

His plan includes immediate reciprocal tariffs on nearly all U.S. trading partners. He announced that he will impose 25 percent tariffs on imported automobiles and auto parts, expected to take effect tomorrow, excluding Canada and Mexico.

During his announcement, he declared reciprocal tariffs on multiple countries, including 34 percent on China.

Major farm groups like the American Farm Bureau, National Farmers Union, and NASDA made a last-minute pitch to urge President Trump to reconsider tariffs. However, the shrimp industry is praising the move, hoping tariffs will help save generational businesses and boost domestic supply.

Related Stories
Shaun Haney, host of RealAg Radio, outlines potential risks for agriculture as negotiations continue between the two countries
Michael Cliver discusses his recent visit to the White House with the National Cattlemen’s Beef Association, and the Trump Administration’s “Working Families Tax Cuts” impact on ranching families.
The 2026 Farm Bill advances out of committee, but political divisions delay final passage as lawmakers push to protect farmers, SNAP, and crop insurance programs.
The memorandum of understanding (MOU) builds on the USDA’s Grazing Action Plan and is designed to improve coordination, streamline permitting, and strengthen partnerships with ranchers who rely on public lands.
Building on the USDA’s recently released Grazing Action Plan, the agreement formalizes collaboration between the USDA, Forest Service, and Bureau of Land Management to ensure more efficient, transparent, and responsive grazing management across federal lands.
SBA Administrator Kelly Loeffler breaks down the Grocery Guarantee Program, its goals for expanding farmer access to capital, and its potential impact on food production and prices.

LATEST STORIES BY THIS AUTHOR:

Betsy Jibben with Ag Market Consulting takes us behind the scenes on report day with AgMarket.net.
A slimmed-down Farm Bill is back on the table in Washington, with lawmakers pushing for a deal by Fall 2025. Sen. Jerry Moran of Kansas weighs in with his outlook.
Foreign trade partners, such as China and the European Union, are still purchasing U.S. commodities, but are becoming more cautious as the Trump Administration’s tariff deadline approaches in August.
Demand for farm loans surged in the first quarter of the year, topping the previous record set in 2016.
Congress is seeking insight from meteorologists and weather researchers on how new technology can enhance safety and response times to severe weather and prevent future disasters.
Labor Secretary Lori Chavez-DeRemer says the labor program will now be fully under her department, and consolidation will make the program more affordable and efficient for farmers and ranchers.