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.
Related Stories
Higher rail tariffs and tighter Canadian supplies will keep oat transportation costs firm into 2026.
Industry support ensures continued funding for mango marketing and research, helping sustain long-term demand growth.
Lower U.S. and Mexican production means tighter sugar supplies and greater reliance on imports headed into 2026.
Mike Steenhoek of the Soy Transportation Coalition discusses industry reactions to the proposed Union Pacific–Norfolk Southern merger, the Surface Transportation Board’s review process, and current conditions on the Mississippi River.
Lower tariff rates and new rail-service proposals may improve corn movement efficiency during early-season marketing.
Removing the 40% duty sharply lowers U.S. beef import costs on beef, coffee, fertilizer and fruit, and restores Brazil’s competitiveness during a period of tight domestic supply.
