TRUMP’S TARIFFS AND MORE CHAOS.

    

 

     Trump’s tariffs and trade policies continue to cause chaos — domestic and international. U.S. farmers have lost a great percentage of their exports and now many farmers risk failure and bankruptcy. For example, soybean farmers have lost significant export sales since the high under the Biden admiration. Their imported inputs such as fertilizer, seeds and machinery have significantly increased in cost. Soybean sales to China last year were $12.6 billion, for this year so far (2025) — $0.

     A wide range of trade disputes continue with China, Japan, Korea, India, Indonesia, Vietnam, the EU, the UK, Brazil, Canada, Mexico, Venezuela and Columbia. Trump threatens additional sanction on Russia, Iran and so forth. The list grows almost daily, if not hourly, depending on Trump’s whims and crony influence by family and friends — including his new tech, finance and crypto bros.                

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The Trump administration is drawing up plans to use tariff revenue to fund a program to support US farmers as they head into harvest facing falling export sales …. The move follows mounting pressure from farm groups after China curbed purchases of new crop US soyabeans and as tariffs have pushed up costs for fertilizer, machinery and other imported inputs …. Trump administration is reinstating a vision of “trading America” not seen since Alexander Hamilton at the end of the 18th century …. US agrifood exports were the highest ever in dollar terms during Biden’s presidency from 2021 to 2024 …. Trump’s aggressive tariff agenda has targeted Beijing, prompting steep retaliatory duties on US products, including up to 34 per cent on American soyabeans.” “Trump’s Tariffs to Provide Bailouts for Farmers Hurt by Retaliatory Tariffs.” Financial Times (Sept. 19, 2025).

“China stopped buying soybeans from America in May, placing a retaliatory tariff on the bumper crop after President Trump increased levies on goods from China …. Soybeans are the single largest American export to China in terms of value, $12.6 billion worth last year. But as the fall harvest gets underway across the country — 9 percent of planted beans had been harvested as of last week — the country that bought 52 percent of all American soybean exports last year is completely absent.” “Soybeans to China this Year – $0 – Last ear $12.6 Billion.” New York Times (9.26.25).

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About Stuart Malawer

Distinguished Service Professor of Law & International Trade at George Mason University (Schar School of Public Policy).
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