Corn harvest at a farm near Mapleton, N.D. during the autumn of 2024. Farmers await further news of how the trade war will impact them if tariffs against Canada and Mexico go into effect. Photo By Sabrina Halvorson, NDNC CEO.
Uncertainty over tariffs weighs on long-term market outlooksFarmers are preparing for a one-two punch as trade threats and tariffs by the second Trump administration lead to higher costs and diminishing markets.While potential tariffs of 25% on goods from Canada and Mexico have again been delayed, a current 10% tariff on Chinese imports led China to target U.S. agricultur...