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.

LATEST STORIES BY THIS AUTHOR:

Winter weather will challenge livestock producers working to rebuild their herds despite harsh conditions.
As we gear up for the big event, Team BUBBA’s Brent Chapman of Kansas joined us on Wednesday’s Market Day Report to talk preparation, teamwork, and the state of competitive bass fishing.
House lawmakers are expected to vote late this afternoon to end the longest government shutdown in U.S. history. The bill they are voting on includes some big priorities for Rural America.
A Reuters report shows China has a soybean “glut,” finding stockpiles at Chinese ports are at record levels, with crushers there holding the most supplies since 2017.
Once a year, Army crew chiefs and Black Hawk mechanics undergo live aerial gunnery training—loading, firing, and practicing the teamwork they’ll need in real missions.