Tariffs are already having an impact on some businesses, and it comes with planting season right around the corner.
Owners at Bay Shore Sales in Michigan tell AgriPulse that they have been waiting on a liquid storage tank from Canada for some time now. The delivery got delayed Tuesday night, and by Wednesday, they learned it was not coming. He says he is already starting negotiating prices with customers, and will not break agreements already in place.
He says they will likely have to source products that are not subject to tariffs.
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Ag Secretary Brooke Rollins made the announcement yesterday at the grand opening of a new food safety lab in Missouri, where researchers will do Listeria testing.
$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.
“Just a great, great day and I’m thrilled and honored to be a part of it.”
