How Could Promised Tariffs Impact Horse Owners?
Reported by Yahoo · February 21 at 7:16 AM · Summary by Hoofdeck
President Trump signed executive orders imposing new tariffs on imports from Mexico, Canada and China. The 10% Chinese tariffs are in effect, covering items such as saddles, boots and blankets. The proposed 25% tariffs on Canadian and Mexican goods were delayed until March 4, 2025, and would hit hay, feed, trailers and lumber.
Background
Tariffs are taxes paid by importers on goods brought into a country, and they are often passed on to buyers as higher prices. Tariff deadlines can be delayed, changed or cancelled after negotiations, so the status of any proposed tariff can shift quickly. The United States imports a meaningful share of its hay, so supply changes can affect feed costs.
Why it matters
Tariffs could raise what you pay for feed, hay, tack, trailers and barn materials.
What you can do
Compare prices and watch for supply changes on imported hay, feed and tack before making large purchases. You can also contact your congressional representatives to share how these costs would affect your horse care.
Written by Hoofdeck from the report by Yahoo. Background is general information, not advice about your horse; if you are worried, call your vet.