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The possible consequences of tariffs on Wisconsin’s soybean farmers


President Donald Trump’s imposition of tariffs on imports from China has left farmers in Wisconsin, like Tanner Johnson, worried about the potential impact on their earnings. With China, Canada, and Mexico being the top markets for Wisconsin’s agricultural products, retaliatory tariffs from any of these countries could have devastating effects on soybean farmers like Johnson.

Johnson, a soybean farmer and executive committee member of the American Soybean Association, expressed concern about the potential drop in soybean exports to China if a 60 percent tariff scenario were to unfold. This, coupled with a predicted drop in soybean prices in the U.S., could severely impact farmers’ livelihoods.

The uncertainty surrounding the tariffs has already led to challenges for farmers, with Dr. Thomas Kemp of UW-Eau Claire’s economics department highlighting the increased costs and disruptions that come with such uncertainty. Johnson also pointed out the potential increase in costs for essential farming products like fertilizer if tariffs are imposed on imports from Canada.

Despite the challenges, Johnson remains hopeful that a long-term solution will be found, and he emphasized the importance of prioritizing trade over aid. The ASA has been in talks with lawmakers to address the concerns of farmers and ensure that they can continue to develop and sustain important markets like those in China.

As the situation continues to evolve, farmers like Johnson are bracing for potential losses, but are also looking to find solutions that will allow them to navigate the challenges ahead and continue to contribute to the agricultural industry in Wisconsin.

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