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‘Bear with me,’ Trump says as both farmers and consumers brace for tariff effects

Farmers and meat producers anticipate billions in losses from new tariffs on Mexico, Canada, and China, impacting consumer prices for produce and ground beef.
President Donald Trump could offer aid payments to farmers to mitigate losses, similar to actions during the previous trade war with China.
Agricultural economist Joe Janzen noted that profitability has been significantly impacted by these tariffs, causing concern among farmers about their investments.
Democratic Governor Tim Walz warned that tariffs will harm trading relationships with key partners, affecting food inflation in the U.S.

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The Dickinson Press

+3 Reposted by 3 other sources

Plain Talk: 'The retaliaton is the problem'

MINOT — President Donald Trump's announced tariffs against Canada and Mexico and their retaliatory measures have significant economic risks, particularly for places like North Dakota, where so much of our economy is tied up in international markets. But perhaps even more damaging is the uncertainty Trump's mercurial approach to this policy area engenders. One of the first questions we asked North Dakota Farmers Union President Mark Watne on this…

4 days ago

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KX NEWS

Local farmer speaks on potential effect of Trump's tariffs

BISMARCK, ND (KXNET) — As new tariffs on Mexico, Canada, and China go into effect, could it hurt farmers' bottom lines? Could consumers see higher prices for agricultural products and ground beef? It could be a while until we see the exact impact. Some farmers are saying the tariffs might not be felt until the next harvest, and some products might actually get cheaper in the short run for consumers, at least if exports suffer. President Donald T…

5 days ago·North Dakota, United States

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The Week

US foodies brace for tariff war

American gourmets are scrambling to stock up on their favourite imported foodstuffs before Donald Trump's costly tariffs inflate prices on the shelves.Tariffs are a "disastrously bad idea", wrote James Surowiecki for business brand Fast Company. They lead to "higher prices on everything", from coffee and tea to bananas and strawberries – which is why some US consumers are stockpiling their larders while they can. 'Strategic' reserves With tariff…

5 days ago·Washington, United States

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Hastings Tribune

Tariff trouble: Nebraska farmers, companies caught in middle of brewing trade war

The livestock feed company is already feeling the squeeze.

6 days ago

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ipmnewsroom.org

Midwest farmers worry about the impacts of tariffs on exported crops and imported fertilizer - IPM Newsroom

Illinois Newsroom - The Trump administration’s tariff announcements this week are bringing uncertainty to farmers going into planting season. Farm groups warn that retaliatory tariffs will add an additional “burden” to U.S. producers. The post Midwest farmers worry about the impacts of tariffs on exported crops and imported fertilizer appeared first on IPM Newsroom.

6 days ago

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CNN

Fourth-generation farmer: ‘State of emergency for America’s farmers’’

John Boyd Jr., Founder & President, Natl. Black Farmers Association, tells Pamela Brown the tariffs and USAID cuts are causing a “national catastrophe” for America’s farmers.

6 days ago·Atlanta, United States

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