President Trump is expected to release details on new tariffs today, targeting steel and aluminum imports. There are a few details right now, but it reaffirms his stand on taking back control over trade.
Trump told reporters aboard Air Force One that the U.S. will impose 25 percent tariffs on all steel and aluminum imports. President Trump also said he will announce reciprocal tariffs this week on any countries adding duties to the United States.
This all comes just one week after base tariffs on Canada and Mexico were put on pause for a month, as talks continue on securing both sides of the border.
Related Stories
RealAg Radio host Shaun Haney explains why the 2026 USMCA review could directly affect dairy access, produce competition, and export reliability for U.S. farmers and ranchers.
Fertilizer markets face uncertainty after President Trump raised the possibility of tariffs on Canadian imports, with analysts warning of supply and pricing risks. Josh Linville with StoneX provides a fertilizer industry outlook.
Strong Farm Credit finances help cushion producers, but prolonged low crop margins could strain renewals in 2026.
Canadian tariffs would raise costs for potash, ammonia, and UAN, increasing spring fertilizer risk.
Julie Callahan was nominated earlier this summer by President Donald Trump, and U.S. Trade Representative Jamieson Greer told lawmakers she is ready to hit the ground running.