(Radio Iowa) – At one minute past midnight Tuesday morning, President Trump imposed a 25 percent tariff on all goods being brought into the U-S from Canada and Mexico, Iowa’s two largest trading partners.
Iowa Senator Chuck Grassley predicts it will likely mean Iowa consumers will soon start having to pay more for a wide range of products. Grassley expects both nations to impose their own tariffs on products from the U-S. Iowa businesses ship more products to Canada than anywhere else, while Mexico is Iowa’s second-largest trading partner. Grassley says he’s already hearing from Iowa hog farmers about the tariffs, especially those who get baby pigs from Canada.
Iowa sends all types of products to our neighbors to the north and south, including: pork, beef, corn, dried distillers grains, soybeans, soybean meal, and ethanol.