Tariff Pushback: Trump says have patience, but lawmakers are taking action

It has been a wild week for the markets trying to digest all the changes with trade.

President Trump is asking for patience through all of this, but lawmakers are already taking action. This week, Senators Ron Wyden and Rand Paul issued a resolution to stop the tariff plan, saying only Congress has tariff authority.

Also up for debate is legislation to stop emergency tariffs after 60 days unless Congress decides otherwise. Both measures have bipartisan support.

Related Stories
Shaun Haney, host of RealAg Radio, outlines potential risks for agriculture as negotiations continue between the two countries
Consistent sorghum quality supports strong export demand potential.
Corn and sorghum exports remain strong; soybean demand lags.
Secretary Rollins is signaling a possible reopening of the southern border to Mexican feeder cattle as officials work to manage the threat of the New World Screwworm.
Lower shipping costs alone will not restore export competitiveness.
Rising fuel costs will soon increase grain transportation expenses.

LATEST STORIES BY THIS AUTHOR:

Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
Texas A&M 4-H Director Montza Williams joins for an update on the expected timeline for the program’s new facility and all the associated benefits.
From tinkering with machines to building projects from scratch, students in the National FFA Organization develop skills to help shape future careers.
Shaun Haney, host of RealAg Radio, joined us to break down the latest data on Canadian farmland values and share insights on how it impacts producers.
Lewis Williamson, from HTS Commodities, joined us to share insights on the farm economy from producers in the field.
Key signs of the U.S. beef herd’s recovery are improved pasture conditions, lower feed costs, and increased regulatory alignment and support for producers to implement targeted grazing practices.