Senate Republican: ‘I’m worried’ about Trump tariffs

Brooke Rollinsagriculture Secretary

As far as specific exemptions and carveouts for the agriculture industry, perhaps for potash and fertilizer, et cetera — to be determined,

Agriculture Secretary Brooke Rollins said on Wednesday, ... according to Bloomberg

Tariffs are going to have a ripple down effect that could severely harm our business,

a technology manager said

The incoming tariffs are causing our products to increase in price. Sweeping price increases are incoming from suppliers. Most are noting increases in labor costs,

a purchase manager in the machinery sector said in the ISM manufacturing survey for February

Many contacts reported difficulty setting prices and noted ambiguity around costs, largely as a result of uncertain international trade policy,

the Atlanta Fed reported

We share the President's objective to build more American cars and create lasting American jobs. We look forward to working with him and his team,

the company said in a statement

Adding to the gloomier picture in February was a sharp rise in costs, which companies were often unable to pass on to customers due to weak demand,

he said

I absolutely am weighing in … things like potash, nitrogen, I’d throw peat moss in there, too, because that’s important to horticulture and mushroom growers,

Thompson said

You cannot export a potash mine,

said Jamie Tronnes, the executive director of the Center for North American Prosperity and Security, a group that pushes for stronger ties between the U.S. and Canada

We’ve been advising clients, like, don’t look at this as a first 100-day thing. This is going to be the pace for the next three years and 10 months,

Cutler told PI

There’s always that hope that these won’t last long, and you don’t want to create a big ruckus out of nothing, not for something that could go away quickly,

another lobbyist told Doug and Ari

Since he knows the administration’s decisionmakers, he can interface with agencies to get results,

said Adam Bult, who co-chairs Brownstein’s litigation practice

Your CHIPS Act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn’t mean a thing,

Trump told House Speaker Mike Johnson of the landmark bipartisan semiconductor incentives passed in 2022

But that may be wishful thinking,

they write, given the recriminations and threats that were coming out of both Ottawa and Washington on Tuesday

It’s going to boom,

the president said of the auto industry,

Exactly how strong our economy is over time has a lot to do with U.S. consumers' comfort with continuing to go out to restaurants and continuing to buy washers and dryers and just that general activity. And a lot of what we’re talking about here is probably going to slow some of that,

said Glynn Tonsor, an agricultural economist at Kansas State University

It is going to do nothing to help with the food inflation in the U.S, ... I don’t see it as sustainable. I don’t find it plausible that corporate folks who surround Trump are going to sit back and allow him to destroy their foreign markets.”

said Timothy Wise, author of “Eating Tomorrow” and expert on agricultural trade between Mexico and the U.S

There is no domestic market for the amount of corn, soybeans, wheat, and other agricultural products that we now export in significant quantities,

he said

In the end we want good trade agreements where it benefits us as U.S. producers,

he said