Ohio Ag Net’s Joel Penhorwood talks with Dr. Ian Sheldon at the 2025 Ohio State Agricultural Outlook and Policy Conference for one of the most detailed and eye-opening breakdowns of global trade we’ve shared to date.

Dr. Sheldon unpacks the unprecedented across-the-board U.S. tariff increases, how current legal battles could reshape trade policy, and what retaliation, especially from China, means for American agriculture.

The conversation goes into soybean export uncertainty, Brazil’s rising competitive edge, how Chinese state-owned companies are influencing purchase commitments, and why North American trade through the USMCA could become the next major flashpoint.

Table of Contents: 0:00 – U.S. tariffs: where things stand now 1:30 – Why these tariffs are unprecedented 3:50 – Legal figh

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