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
StoneX Director of Fertilizer, Josh Linville, joins us to discuss fertilizer market trends and risk management strategies to navigate an uncertain farm economy and fluctuating agricultural input costs.
Panama matters to agriculture as both a freight corridor and a potential future market for U.S. ethanol.
Ethanol and feed coproduct exports remain strong outlets for corn demand, even after April’s pullback.
Dr. Stephanie Mercier, Senior Policy Adviser for the Farm Journal Foundation, discusses USDA’s New World Screwworm eradication, sterile fly production, trade restrictions, biosecurity, and the path ahead for U.S. cattle producers.
Farm groups urged lawmakers to maintain free and fair trade across North America.

LATEST STORIES BY THIS AUTHOR:

A rich, old-fashioned bread pudding made with brandy, raisins, and vanilla—baked until golden and full of warm Southern flavor, just like Justin liked it!
While trying to find the sweetest watermelon is always difficult, experts do have a few recommendations.
Tender beef shanks slow-baked with carrots, potatoes, and onions in a wine-spiked Cajun sauce—sealed in a cooking bag to lock in every bit of bold, savory flavor.
Justin Wilson’s Peanut Butter Baked Beef Brisket is a rich, tender roast slow-baked with a savory peanut butter sauce. You’ll love this bold twist on classic braised brisket, garontee!