Farmers across the U.S. can expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines by billions of dollars if they stay in place, while consumers could quickly see higher prices for agricultural products and ground beef.
Farmers and consumers brace for tariff effects as Trump asks to ‘bear with me’
Farmers across the U.S. can expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines by billions of dollars if they stay in place, while consumers could quickly see higher prices for agricultural products and ground beef.