Where do we stand on tariffs right now?

It has been a busy week with big shakeups in trade policy, and a lot has taken place over the last 24 hours.

As of right now, President Trump has hit pause, taking all country-specific tariffs down to 10 percent for 90 days, but that does not include China. He raised their tariff rate to 125 percent.

Other nations are already responding to the recent adjustments. Within the last few hours, the European Union announced a pause of their own. It came after the EU voted for new tariffs on U.S. steel and aluminum, which are now on the back burner.

Ag lawmakers say the tariff pause is a win for America, with Louisiana Senator John Kennedy saying he is confident the U.S. and China will soon reach a deal.

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Ag Secretary Brooke Rollins told RFD-TV’s Kirbe Schnoor that trade is unpredictable, and that President Trump is committed to making America’s producers part of that conversation.
Here are the top agriculture news headlines from RFD-TV News today (Thursday, Feb. 27, 2025) and the top trending stories on RFD-TV News.

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The U.S. Department of Agriculture (USDA) is investing now to make markets less volatile for ranchers over the long term and more affordable for consumers, according to a press release.
Elizabeth Strom with the American Society of Farm Managers & Rural Appraisers (ASFMRA) joined us to share the latest on harvest progress and market activity in her area.
Lyndsey Smith with RealAg Radio discusses how global trade dynamics could shape the future of Canada’s pulse exports.
Brooks York with Agri-Sompo joined us to discuss this year’s harvest price calculations and what they could mean for producers nationwide.
Dr. Jeffrey Gold, President of the University of Nebraska, joined Rural Health Matters to discuss dental care access and improvement efforts across rural America.
“Farmers for Free Trade” warns that disaster is brewing as President Trump’s trade policy is causing farm input costs to rise even more.