The President announced new tariffs on April 2, aiming to counter what he described as unfair trade practices that have harmed U.S. farmers and ranchers. The President declared tariffs ranging from 10% to 50% on 57 countries, excluding Canada and Mexico. He emphasized that these measures would restore balance to U.S. trade and support American agriculture. Agricultural leaders expressed uncertainty over how the tariffs would impact input costs and global trade. Trump's tariffs followed a recent 25% duty on imported autos and parts, aligning with broader protectionist policies aimed at bolstering American industry.