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.

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North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
Beal joined us on Friday’s Market Day Report to discuss her election to NASDA’s presidency, challenges facing American agriculture, and her background as a Mainer and dairy farmer.
RFD-TV Farm Legal and Taxation expert Roger McEowen joined us Friday to break down the executive order and what it means for farmers and ranchers.
Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down what this extension means for affected ranchers.

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