New tariffs are in effect in China today.
President Trump has added a 10 percent tariff to all imports. Overnight, China hit back with a 10-15 percent tax on all U.S. farm machinery, oil, coal, and liquid natural gas.
So far, the soybean market seems to be shrugging it off.
The tariffs take effect on February 10th.
February 24, 2025 10:33 AM
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“At the end of the day, it’s the people on the farm that are farming land... They’re the ones that will be incurring these costs.”
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The National Turkey Federation says it supports a vaccine strategy but warns that trade and logistical challenges could arise.
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