Articles tagged under: reciprocal tariffs
Grassley: Tariff Strategy Appears to Be Working — For Now
Published April 17, 2025
China’s openness to new trade talks comes despite facing steep U.S. tariffs, and Iowa Senator Chuck Grassley believes the strategy may be showing results. “We’re worrying a little bit too much about the impact of the President's tariff policies,” Grassley…Trump Hikes Tariffs on China After Rare Earth Export Ban
Published April 16, 2025
President Donald Trump’s administration has raised tariffs on Chinese imports to as high as 245 percent, according to an April 15th White House fact sheet. The move follows China’s April 13th decision to halt exports of critical rare earth elements…Grassley: Congress Must Regain Trade Role
Published April 10, 2025
Iowa Senator Chuck Grassley introduced a bill requiring the president to notify Congress within 48 hours of imposing new tariffs, with a 60-day window for congressional approval. Grassley said the measure isn’t aimed at President Trump but is instead a…Hit Hard by Tariff Strategy
Published April 8, 2025
According to North Dakota Farmers Union President Mark Watne, North Dakota farmers and ranchers are among the most vulnerable to the current tariff strategy. “North Dakota will be hardest hit by these tariffs” due to its reliance on export markets.…Bipartisan Bill Seeks Congressional Approval for New Tariffs
Published April 8, 2025
Seven Republican senators, including Senate President Pro Tempore Chuck Grassley and former GOP leader Mitch McConnell, are backing a bipartisan bill that would require congressional approval for most new tariffs imposed by President Trump. The Trade Review Act of 2025…Key Ag Inputs Spared in New Tariffs
Published April 8, 2025
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,…Trade Tensions with China Threaten U.S. Soybean Market
Published April 7, 2025
American Soybean Association Chairman Josh Gackle expressed concerns over China's new retaliatory tariffs, drawing parallels to the trade tensions of 2018-2019. He warned that these tariffs could significantly impact U.S. soybean growers, especially as other countries, like Brazil, step in…Wiesemeyer: Tariffs to Bring Economic Pain
Published April 4, 2025
As new Trump tariffs take effect globally, Pro Farmer Washington consultant Jim Wiesemeyer warned of economic fallout and market uncertainty. "Yeah, there's going to be some pain both from the inflationary impacts of this and to the U.S. and the…Craig: Tariffs Will Deepen Farm Crisis
Published April 4, 2025
House Agriculture Committee Ranking Member Angie Craig is warning that newly announced tariffs will have devastating consequences for U.S. farmers. “What I saw yesterday (Wednesday) was jaw-dropping, it was worse than I could have anticipated,” said Craig. “I don't think…