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Trump teases trade news at upcoming Iowa event

Ag/Outdoor, News

July 1st, 2025 by Ric Hanson

(Iowa Capital Dispatch; Washington-D.C.) – President Donald Trump hinted Tuesday that he may share good news for farmers at his July 3 event in Iowa. In a social media post, Trump shared information on his upcoming trip to the Iowa State Fairgrounds scheduled for Thursday. He is slated to speak at the America250’s Kick-Off Celebration launching a year of festivities leading up to the 250th anniversary of the country’s founding on July 4, 2026.

While inviting people to RSVP for the event, Trump praised Iowa for supporting him in the past three presidential elections, writing that Iowans “love my Policies for our Wonderful Farmers and Small Businesses.” He also wrote there will be information shared about his current administration’s work on issues impacting farmers in his Thursday remarks.

“I’ll also tell you some of the GREAT things I’ve already done on Trade, especially as it relates to Farmers,” Trump wrote. “You are going to be very happy with what I say — Should be a BIG Crowd!”

President Donald Trump, shown here in a July 2023 file photo, promoted his upcoming Iowa visit on July 1, 2025.(Photo by Jared Strong/Iowa Capital Dispatch)

Some farmers, agricultural producers and other business owners in Iowa and worldwide expressed concerns about Trump’s tariff plans earlier this year, when he had announced plans to set a baseline 10% levy on all international imports beginning in early April. Though he set a 90-day pause shortly after the announcement on many of these tariffs, that break is set to expire July 9.

The window before tariffs are set to go back into place was meant to give time to countries that have said they are open to negotiating new trade deals. The president has said this deadline could be extended, but has not offered additional details on timelines or ongoing negotiations.

While tariffs have not been finalized for many countries, Trump’s “Liberation Day” announcement and levies on certain goods already in place caused massive economic unrest earlier this year. In Iowa, many local business owners and farmers said the tariffs could cause disruptions to their businesses, and lead to higher costs for consumers. A study from the nonprofit advocacy group Farmers for Free Trade found tariff costs for Iowa importers increased by 304%, roughly $68 million, from April 2024 to April 2025.

There are also agricultural producers who say tariffs have not significantly impacted their business outlooks. In the pork industry, where 25% of U.S. pork production is within the export market and 55% of exported U.S. produced pork going to China, some business owners and producers said profitability is up despite trade war concerns.