With the United States and China still unable to reach an agreement, the tariff war between the two countries is heating up. 

Data from the USDA’s Prospective Plantings report indicated more acres planted to corn and fewer acres to wheat and soybeans in 2025.

The country’s global grain export market share may decline even further as tariff disputes continue.

US consumer, business sentiment down due to tariff anxiety

The agriculture industry continues to battle uncertainty and reciprocal tariffs. 

President Donald Trump announced a new universal minimum tariff of 10% on all goods imported to the United States, including food and agricultural products.

According to Rover’s True Cost of Pet Parenthood Report 2025, US pet parents can expect to spend 85% more on pet treats and chews.

With the April 2 deadline approaching fast, new tariffs and any retaliation they provoke threaten to flip the entire US food system.

The 25% tariffs that originally went into effect March 4 have now been delayed until April 2.