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
Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
USDA Undersecretary Luke Lindberg outlines the Farm Bridge Assistance Program and responds to calls from lawmakers and ag leaders for more assistance and expanded trade opportunities for farmers.
Callahan is no stranger to agricultural trade and has been with the U.S. Trade Representative’s office since 2016.
Record ethanol production, coupled with stronger demand, supports corn use despite tighter margins elsewhere.

LATEST STORIES BY THIS AUTHOR:

Dr. Jeffrey Gold, president of the University of Nebraska-Lincoln, joins us on Rural Health Matters to discuss winter safety reminders and preparedness.
ASFMRA’s Dennis Reyman discusses farmer sentiment, land values, and how global and financial pressures are shaping decision-making in the ag land market.
Richard Gupton of the Agricultural Retailers Association discusses the EPA’s new decision on over-the-top Dicamba and what it means for growers this year.
Gretchen Kuck of the National Corn Growers Association joined us to discuss the Ag Coalition for USMCA’s report findings and expectations ahead of the upcoming USMCA review.
Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.