US Farmers See New Trump Tariffs as Another Round of Instability

US farmers have been looking for some stability after a mercurial year under President Donald Trump’s tariffs. But after new trade upheaval last week, it’s becoming increasingly clear that uncertainty is the only constant.

“One of the things in this industry is that there’s always uncertainties,” Krista Swanson, chief economist at the National Corn Growers Association, said in an interview at the Commodity Classic conference in San Antonio. “So we’re constantly in this place of trying to balance these things.”

A farmer drives a combine harvester during a soybean harvest in Trenton, Missouri.

Photographer: Clayton Steward/Bloomberg

The latest shift came as Trump implemented a new 10% global tariff aimed at preserving his ...