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Farmers pleased with tariff pause, rate drop; now look to China negotiations

Thursday, April 10, 2025 • 2 PM

Soybean farmers across the U.S. were pleased to hear most countries will get a 90-day reprieve from the new individualized tariffs announced April 2—an opportunity for negotiations with our trading partners that could lead to consensus and potentially avoid permanent tariffs, along with improving market access for U.S. agriculture. With the pause came a rate drop to 10% for each of the countries itemized during that announcement—except for China.

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