Uncharted Tariff Territory: The magnitude of these tariffs are different, according to a lawyer

Each new president has bold plans for the office, and President Trump is making his stance known for trade. The National Ag Law Center says some administrations require more adjustment than others for farmers and ranchers.

“Some for ag are more pronounced than others, but during the last three or four administrations, agriculture will have been right in the middle of a lot here. The scope of the tariffs, the tariff talk, the tariffs that have been implemented, and the retaliatory tariffs. Tariffs aren’t new, but perhaps at this scope, this breath, this order of magnitude, that feels different at least, and the retaliatory tariffs feel quite different.”

Pittman calls the situation “uncharted territory,” pointing to how the President wants to use tariffs to pay for tax cuts. Despite the uncertainty, Ag Secretary Brooke Rollins backs Trump’s methods.

“I support him 100 percent. Certainly there’s going to be some concern and question, which makes sense, but at the end of the day, this fight for a better America, to Make America Great Again, to bring our jobs back to America, to produce within our country’s borders, is really important.”

Just this week, Rollins met with her Mexican counterpart to talk trade and the importance of a good relationship. She says they talked about the trade imbalance and the need for Mexico to take more American products. She says Mexico assures her there is no intention to block trade.

Related Stories
The American Society of Farm Managers and Rural Appraisers shares an update on commodity prices and farmland trends in Nebraska and South Dakota.
RealAg Radio’s Shaun Haney recaps Farm Credit Canada’s trade forum, Canadian producer sentiment ahead of the USMCA review, and his outlook for U.S.-Canada trade relations.
USDA raised exports by $2.5 billion from February, while imports are forecast at $205.5 billion. The resulting $29 billion agricultural trade deficit remains a reminder that higher shipments alone do not resolve trade pressure.
Corn is the clear export leader heading into summer.
The U.S. Meat Export Federation says the agreement could be used to improve market access for American beef and pork producers in Africa.
Industry leaders highlighted trade concerns, export opportunities and the importance of maintaining momentum behind the agreement.

LATEST STORIES BY THIS AUTHOR:

Geomagnetic storms have been occurring with increased frequency in space this year, with significant consequences for agriculture.
Crop diseases and pests are taking a toll on Kansas corn. Two crop experts from Kansas State University share tips for producers dealing with cutworms and armyworms.
The Illinois Farm Bureau shows how hemp can regenerate the earth and boost rural economies.