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
Higher freight rates and potential service disruptions are key concerns for agriculture, which relies heavily on rail to move commodities.
Pseudorabies case confirmed in Iowa herd prompts heightened biosecurity measures as U.S. swine producers work to prevent spread and protect herd health.
DOJ and USDA investigate beef industry concentration, with Big Four packers under scrutiny and a major settlement announcement expected later this week.
Growth Energy CEO Emily Skor joins us to discuss the uncertain path for year-round E15 sales and the next steps as the issue heads toward a standalone House vote after it was stripped from the Farm Bill.
The new county maps show farm program payments are widespread, but payment design still produces very different outcomes across regions and crops. AgriSompo’s Brooks York joins us to discuss the role of crop insurance in supporting mental health.
The spending bill keeps animal health and traceability funding in place while trimming several other USDA accounts.

LATEST STORIES BY THIS AUTHOR:

Purdue University’s Dr. Michael Langemeier joins us to break down the latest read on farmer sentiment in the April Ag Economy Barometer, and growing concerns about the impact of global conflict on farm inputs and income.
Federal officials are signaling a more aggressive push on beef packer concentration, but any direct market impact will depend on what the investigation actually finds.
Wyoming cowboy and Dusty Vaquero Days founder J.B. Zielke joins us to preview his upcoming event in Gillette and to highlight the festival’s celebration of cowboy culture through music and community events.
Members from across the state will gather for competitions, workshops and leadership opportunities.
Nebraska cattle rancher Joe Van Newkirk joins us to discuss wildfire recovery in Nebraska’s Sandhills athe challenges ranchers face restoring basic infrastructure after the fire.
Seasonal pricing strength is lining up with crop stress, giving wheat producers another weather-driven marketing window. Shaun Haney joins us to discuss concerns from ag bankers on farm profitability.