Tariffs
Lawmakers are pressing for answers on how Washington’s “managed trade” approach — keeping leverage through long-term tariffs — will affect farmers, global markets, and future export opportunities.
China will reduce its tariffs from 125% to 10%. In return, the U.S. will lower tariffs on most Chinese goods from 145% to 30%.
NCBA is not historically in favor of tariffs, but sees them as a necessary tool in the current environment.
Recent trade action could really begin to show up.
