US EditionTrump’s tariffs war is sparking uncertainty for North Carolina farmers
- Rancher Brett Kenzy hopes that President Donald Trump's tariffs will make imported beef too expensive, increasing demand for locally raised cattle. However, expansion will take at least two years, and the effectiveness of the tariffs is uncertain.
- Ranchers face uncertainty due to decreasing cattle prices and the ongoing trade war, particularly with China imposing high tariffs that hurt U.S. Beef exports.
- Senator Chuck Grassley discussed with farmers the importance of market-driven income, emphasizing the uncertainty of Trump's trade policies, and cautioned against high tariffs leading to economic issues.
- Many ranchers feel uneasy about the tariffs and their potential impacts, expressing concern over manipulated markets affecting their livelihoods.
33 Articles
33 Articles
Fox Business
How Trump's tariffs could impact the labor market
A new report by Goldman Sachs examining how President Donald Trump's tariffs will impact the labor market found that while it may spur a rise in manufacturing employment, job losses in other industries impacted by tariffs would lead to a net negative impact on employment across the economy.Goldman Sachs economists led by Jan Hatzius reviewed historical and academic studies about the impact of tariffs on the labor market in industries protected b…
Associated Press News
Ranchers hope Trump's tariffs boost demand for cattle but some fear market uncertainty
Ranchers hope President Donald Trump's tariffs will make imported beef expensive enough that Americans will turn to cattle raised at home for all their hamburger and steaks.
Dems Want Information on How Tariffs Affect Farmers
(NAFB.com) – Senator Amy Klobuchar (D-MN) and 18 colleagues are asking U.S. Trade Representative Jamieson Greer for information on how the Administration’s tariff taxes will impact farmers across the U.S. “We write with great concern about the impact of the Administration’s reckless tariff agenda on our nation’s farmers,” the senators wrote. “Farmers not only have billions of dollars in commodities from last year waiting to be sold but also have…
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