Wendong Zhang, Cornell University
“What to Know About Trump’s Tariffs and Their Impact on Businesses and Shoppers”
By: AP News – March 4, 2025
“All of the economies involved in the tariffs will see a loss in their real GDP (gross domestic product) and increasing consumer prices in general. Canada and Mexico will suffer considerably more than the U.S. because of the U.S. economy’s size and strengthening dollar. For the U.S., the combined tariffs on China, Canada and Mexico could result in about a 0.4% GDP loss, amounting to over $100 billion.”
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Read more on: AP News or The Washington Post, The Chicago Tribune
Rabail Chandio, Iowa State University
“How to Expand Without Squeezing Working Capital”
By: Farm Progress – January 31, 2025
“People aged 65-plus own 66% of Iowa farmland, based on our most recent data. When this land turns over from the current generation, some may surface on the open market. A share also will go to heirs, some of whom may sell it.”
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Read more on: Farm Progress
Jennifer Ifft, Kansas State University
“US Farmers Switch to Renting Out Sheep as Lawn Mowers For Solar Sites”
By: Reuters – March 3, 2025
“But when adjusted for inflation, corn and soybean farm businesses will see incomes at the lowest levels since 2010 - even if producers receive that aid. Farmers who rely heavily on debt to operate were slower to pay back their loans in 2024, and a growing number are selling assets to stay afloat, according to data from Federal Reserve Banks of Kansas City and Minneapolis.”
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Read more on: Reuters
David Anderson, Texas A&M University
“Chicken Meat Prices Hold Steady Despite Rising Egg Costs”
By: Austin County News Online – March 4, 2025
“Chicken prices have gone up year-over-year, but production has not been the reason. It comes down to the scale of the losses within the context of production. We’ve had outbreaks at broiler farms, but it’s relatively small compared to the number of chickens in production.”
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Read more on: Austin County News Online
Alexandra Hill, University of California, Berkeley
“California Farmers Should Get a Tax Break For Overtime Paid to Their Workers”
By: The Fresno Bee - March 4, 2025
“This early evidence suggests that the law may not be benefiting the workers they aim to protect, but additional research is needed. It was clear workers were not being scheduled as much, she said. That meant they gained free time, or the chance to seek second jobs.”
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Read more on: The Fresno Bee
Shadi Atallah, University of Illinois, Urbana-Champaign
“Study Uncovers Thorny Issue Caused by Forest Landowners: '[It] could be problematic'”
By: News Break – March 4, 2025
"Some own the land for recreational purposes, some own it because they want to produce timber, and some are a combination of both. If one landowner controls invasive species but their neighbor does not for some reason, that could be problematic because the bioinvasion will spread over space and time."
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Read more on: News Break
David Ortega, Michigan State University
- “Trump
Promised Lower Food Prices Immediately, but I Gave Him Six Weeks. Here’s
My Grocery Bill”
By: Los Angeles Times - March 6, 2025 - “What Do
Trump’s Tariffs Mean For Your Wallet and the Economy?”
By: Marketplace – March 3, 2025 - “How
Tariffs Will Hit Home in Michigan”
By: Daily Detroit – March 3, 2025 - “Economists
Expect New US Tariffs on Canada and Mexico Will Negatively Affect
Michigan's Economy”
By: Michigan Public – March 3, 2025
David Ortega, Michigan
State University
Richard Volpe, California Polytechnic State University
"Why Do Fruit Prices Change So Drastically From One Week to the Next?"
By: Marketplace - February 28, 2025
“The U.S. has to import fresh fruits from other countries in order to meet consumer demand year-round. The U.S. imports about 60% of all fresh fruit from other countries. When it comes to grapes, the U.S. heavily imports them from Chile, Peru and Mexico. If those countries are experiencing a good harvest, that’ll lead to higher supply, lowering prices.”
“Vegetables and fruits fluctuate more in price compared to every other item in the supermarket. However, they don’t change as often as wholesale prices. Factors like seasonality, weather conditions, disease, retail margins, marketing strategies, and trade policy can impact fruit prices, experts told Marketplace.”
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Read more on: Marketplace
George Frisvold, University of Arizona
“Tariff War Threatens Higher Costs for Arizona Farmers”
By: Cronkite News – March 5, 2025
“If the situation remains unchanged, U.S. farm income will continue to decline, making American agriculture less competitive globally due to rising costs. If it stays that way, U.S. farm income is just getting lower. It’s going to make U.S. agriculture less competitive in world markets, because their costs are going to go up.”
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Read more on: Cronkite News
Bradley Lubben, University of Nebraska-Lincoln
“Tariff Trouble? Nebraska Companies, Farmers Trapped in Middle of Brewing Trade War”
By: 1011 Now – March 5, 2205
“Many of the retaliatory tariffs during that trade war targeted politically sensitive areas like agricultural exports.”
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Read more on: 1011 Now
Eric Belasco, Montana State University
“Tariffs to Have Broad Impacts on Northwest Montana Industries”
By: Flat Head Beacon – March 5, 2025
“That while a high volume of Montana’s crop and beef exports go to Japan and Southeast Asia, international free trade is essential to the agriculture industry. Live animal imports from Canada will also be impacted by the tariffs. Mexico and Canada are some of our biggest trading partners across the board,” Belasco said. “We do quite a bit – especially with beef – in Canada and Mexico.”
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Read more on: Flat Head Beacon
Daniel Sumner, University of California, Davis
“Impact of Trump’s Tariffs on California Farmers”
By: USA News - March 5, 2025
“Farmers are poised to experience a double whammy of sorts, with increased costs for essential supplies like fertilizer and fencing materials, coupled with the threat of retaliatory tariffs on their exports. With Canada being a significant buyer of bottled wine from California, the implications of these tariffs are far-reaching and complex, affecting various sectors of the agricultural economy.”
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Read more on: USA News or LA Times
Amitrajeet Batabyal, Rochester Institute of Technology
“Five Policy Lessons From 60 Years of U.S.-China Trade”
By: Rochester Business Journal -
“International trade between the U.S. and China is now at a crucial juncture. Will President Trump succeed in extracting concessions from China by imposing tariffs on the imports from this nation? More generally, how will rising geopolitical tensions and economic interdependence affect trade between the largest and the second largest economies in the world? To help get a sense for what might happen in the future, it helps to look back and comprehend five key policy lessons from 60 years of trade between the U.S. and China.”
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Read more on: Rochester Business Journal
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