CPAT - Corn Producers Association of Texas

08/02/2025 | Press release | Distributed by Public on 08/02/2025 00:52

Evaluating potential tariffs

Tariffs have been at the forefront of many news headlines. Here's what there is to know as conversations continue:

  • Feb. 1: The Trump administration moved to place 25% tariffs on goods imported from Canada and Mexico
  • A couple of days later, the president agreed to a 30-day pause as the U.S. continues to negotiate with the two countries.
  • On Feb. 3, the Trump administration imposed a10% tariffs on specific goods from China. China immediately placed retaliatory tariffs on certain goods from the U.S.

Texas Corn Producers will continue to evaluate potential tariffs and the impact on our state's farms.