Key Ag Inputs Spared in New Tariffs

Several agricultural inputs are exempt from the ten percent across-the-board tariffs and the higher reciprocal duties applied to specific trade partners. Products excluded from the new tariffs include potash, certain herbicides including Diquat and Paraquat, along with some pesticides, peat, lumber products, lubricating oils, some energy products, and pharmaceuticals, including tranquilizers and vaccines for veterinary use. The list doesn’t apply to the 25 percent tariffs already in place on Mexico and Canada, even though Canada is a major U.S. supplier of some of the listed items.