SCOTUS Hears Tariff Arguments and Trump Intends to Help Farmers
From the Ag Information Network, I’m Bob Larson and this is your Agribusiness Update.
**The Supreme Court had tough questions for the Trump administration about the legality of tariffs imposed on almost every U.S. trading partner.
The Guardian says justices began hearing oral arguments Wednesday, with even conservative justices sounding doubtful about the administration’s position.
In a series of executive orders, Trump has cited the 1977
International Emergency Economic Powers ACT that sometimes grants the president authority to regulate or prohibit international transactions during a national emergency.
**Three sources say the Trump administration still intends to roll out an initial payment of up to $12 billion for farmers struggling because of the president’s tariff policies.
North Dakota Senator John Hoeven says a program similar to the $28 billion farmer bailout that Trump released during his first term is “all teed up and good to go,” but added that it’s being held up by the ongoing government shutdown.
**The Association of Equipment Manufacturers released a new study examining how technological advancements across agriculture, construction, and the utility industries are helping improve output and use less water.
The report titled “From Source to Solution: Advancing Water Stewardship in the Non-Road Sector” showcases the world-class water stewardship taking place across North America.
It highlights how U.S. equipment manufacturers are helping to save trillions of gallons of water annually through modern practices and technologies.
