The impact of potential tariffs on imports in Donald Trump's second presidential administration is causing business owners across different sectors to reevaluate how they would operate in such an economic environment.During his campaign, the president-elect floated tariffs with up to 60 percent duties on Chinese goods and up to 20 percent on imports from other countries, vowing to bring business power back to the United States.
And this is true for both the cattle and the sheep industry.'He said the U.S. has already lost over half of all the cattle producers in business going back to 1980. Meanwhile, the industry has lost 52 percent of its independent beef cattle operations and 60 percent of full-time sheep producers.
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