What were the lessons learned from Trump’s previous tariffs, how will the new ones impact the supply chain?

“For producers, the retaliation is the big threat...”

With the new administration now in office, all of agriculture is keeping a close eye on the potential for new tariffs and the ripple effects that could result for farmers and the supply chain as a whole.

Virginia Houston with the American Soybean Association spoke with RFD-TV’s own Suzanne Alexander on what we have learned from President Trump’s previous tariffs, the impact of tariffs on Mexico and Canada, and what consumers and producers should keep an eye on.

Related Stories
As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.
Lower costs improve competitiveness, but demand remains uncertain.
Corn and soybean shipments continue to move at a steady pace as spring trade flows develop.
Herd growth and exports supporting dairy outlook.
Strong exports continue to support corn despite larger supplies.
Crush demand is supporting soybeans despite biofuel uncertainty.