Deere Cuts More Jobs as Tariffs Hit
Deere will lay off 238 employees across factories in Waterloo, Iowa, and Moline and East Moline, Illinois.
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tariffs
Navigating New 50% Steel & Aluminum Tariffs: What Shortline Manufacturers Need to Know
Big changes in U.S. trade policy: 407 new steel and aluminum products now face a 50% tariff under Section 232. Business advisor Marc Schneider from CIRAS shares key insights and actionable strategies to help you navigate the impact.
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Iowa Importers Pay Triple in Tariffs, Farmers Feeling the Impact
A new report from Farmers for Free Trade reveals Iowa importers paid over three times more in tariffs this April than a year ago—an increase of $68 million, with 89% linked to Trump-era trade policies.
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Trump Tariffs Stay in Place for Now, After Appellate Ruling
On May 29, U.S. President Donald Trump recently won a temporary reprieve for his aggressive tariff strategy, with an appeals court preserving his sweeping import duties on China and other trading partners — for now.
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Trump to Double Steel Tariffs
On May 30, Donald Trump revealed that he is doubling his tariff on steel imports to 50% from 25%.
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Reciprocal Tariffs to Resume for Some Nations After July 9
The United States will reinstate reciprocal tariffs first announced April 2 for countries it is unable to reach deals with during the current 90-day pause, Treasury Secretary Scott Bessent said in multiple interviews last week.
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U.S.- China Trade War: Can the U.S. Cut Its Reliance?
As the latest trade war escalates, agricultural exports to China have plummeted, posing serious risks for U.S. farmers. While high tariffs on cotton (140%), pork (172%), and soybeans (over 150%) have hindered trade, reports suggest China is quietly exempting 25% of U.S. imports, though no official confirmation exists.
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Guiding a Manufacturing Business Through Tariffs: Webinar Recap
Rapidly changing policies from Washington may be difficult to manage, but leaders can take action by switching from planning to preparation, by better communicating with everyone in their organizations and by getting creative with their vendors.
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Tariff Pause Puts Shortliners in the Crossfire
As President Trump hits pause on new tariffs for most countries — with China remaining the exception — both global farm equipment giants and North American shortliners are navigating uncertainty. The existing 10% tariff on imports holds steady, but future shifts remain on the table.
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Navigating Tariff Challenges: Insights from Foley Lardner LLP
Unlock expert guidance from Foley and Lardner to help member companies tackle risk management and make sense of the latest tariff proclamation.
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Tariffs Create ‘Perfect Storm’ in Farm Machinery Market
The U.S. farm machinery industry is facing mounting challenges, including declining farm income, high input costs, and an oversupply of used equipment. Now, the threat of new trade disputes could further destabilize the market.
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U.S. Manufacturers See Higher Metal Prices as Tariffs Near
U.S. manufacturers are already feeling the impact of impending steel and aluminum tariffs, with prices surging and supply chain uncertainty growing.
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US Retailers Face Uncertainty over Tariffs and Port Strikes
Concerns over Trump’s planned tariffs and a potential port strike are likely to drive a rise in import cargo in the coming months.
Read moreU.S. Panel Rejects Duties on Fertilizers from Russia, Trinidad and Tobago
In a victory for farmers and a loss for the domestic fertilizer industry, the U.S. International Trade Commission has voted against imposing import tariffs on urea ammonium nitrate from Russia and Trinidad and Tobago.
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USMCA Delayed, Tariff Relief Anticipated
Lawmakers and business groups have ramped up pressure on the administration to grant tariff relief to companies reeling from the coronavirus pandemic. The virus also has forced a delay in the start date for USMCA.
Read moreUSMCA Delayed, Tariff Relief Likely
In response to the all-consuming demands of COVID-19, the administration is considering suspending tariffs, with exceptions. The implementation of USMCA also is on hold.
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White House Restores Metals Tariffs in South America
President Donald Trump on Monday said he would restore tariffs on U.S. steel and aluminum imports from Brazil and Argentina. He said the countries have been “presiding over a massive devaluation of their currencies, which is not good for our farmers.”
Read moreEU’s Wine, Whiskey, Cheese Facing Tariffs
The U.S. will impose tariffs on about $7.5 million worth of products imported from the European Union.
Read moreAg Talks Progress, Trump Turns Up Heat on China
President Donald Trump said Sunday that tariffs on $200 billion of Chinese goods will increase to 25 percent on Friday,
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Canada to Impose Tariffs on U.S. Products
Canada is threatening new retaliatory tariffs on more U.S. exports if the U.S. tariffs on Canadian steel and aluminum are
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Steel Ingredient Iron Ore Hits Nearly Five-Year High
The price of iron ore, the main ingredient in steel, surged to its highest level in almost five years on
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