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
Aimee Bissell discusses Iowa planting progress, weather conditions, fertilizer costs, and concerns over early crop development.
Stronger overseas demand for both fuel ethanol and feed co-products continues to reinforce corn use beyond the domestic market.
RealAg Radio’s Shaun Haney joins us to discuss geopolitical trade tensions, energy market volatility, and what global shifts could mean for U.S. agriculture exports.
New trade access, tariff concerns and international negotiations are reshaping the global beef market.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
Officials say no additional spread has been detected as containment and monitoring efforts move forward.

LATEST STORIES BY THIS AUTHOR:

What is the Porcine Epidemic Diarrhea Virus (PEDV)? How does the virus affect hog health and the pork industry? Here’s what producers need to know.
Researchers now have new technology to help gauge what healthy cattle eat and how farmers can limit their feed costs, which can be expensive.
Dairy cows produce more milk for heifers than for baby bulls, according to new research from Kansas State University and Harvard University.
Schools around the country will soon have to eliminate any posters or billboards advertising unhealthy snacks on campus.
The use of ultrasound may make growing beef more efficient.