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Iowa Farmers Decry Tariffs’ Long-Term Damage at Roundtable

3/2/2026

44 10 Full Breakdown

Center

Farmers Oppose Tariffs

Iowa farmers say tariffs harm livelihoods, voiced at an Iowa Democratic Party roundtable after the Supreme Court ruled against U.S. President Donald Trump’s tariffs.
Berleen Wobeter, a roundtable participant, cited long-term damage, noting trade takes years to rebuild.
Scott Metzger of the American Soybean Association (ASA) emphasized stable market access.
Trump imposed a 10% global tariff and raised it to 15%, complicating the outlook for farmers.

Left

Trump's Tariffs Impact

The 10 percent tariff on global imports enacted by U.S. President Donald Trump reshapes trade, benefiting China and Vietnam while disadvantaging Britain and Australia.
The Supreme Court's ruling against Trump's previous tariffs spurs refunds from an estimated $175 billion pot.
Law firms are charging flat fees of $10,000 to $15,000 per case, while experts say refunds may not be passed to consumers, underscoring possible negative economic effects.

History

Historical Context

The Smoot-Hawley Tariff Act of 1930, enacted during the Great Depression, raised tariffs on over 20,000 goods, leading to a 66% decline in international trade. This protectionist measure, intended to shield American industries, instead exacerbated economic woes and provoked retaliatory tariffs from trading partners. The act serves as a cautionary tale for modern trade policies, echoing recent tariff actions under President Trump.

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Farmers Oppose Tariffs

Iowa farmers say tariffs harm livelihoods, voiced at an Iowa Democratic Party roundtable after the Supreme Court ruled against U.S. President Donald Trump’s tariffs.
Berleen Wobeter, a roundtable participant, cited long-term damage, noting trade takes years to rebuild.
Scott Metzger of the American Soybean Association (ASA) emphasized stable market access.
Trump imposed a 10% global tariff and raised it to 15%, complicating the outlook for farmers.

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