All of agriculture is keeping a close eye on trade, as President Trump plans to impose 25 percent tariffs on imports from Canada and Mexico starting February 1st. Many now are left speculating over the impact for agriculture on both sides of the border.
Canadian Federation of Agriculture’s Keith Currie joined RFD-TV’s own Suzanne Alexander to discuss how farmer are feeling, if he thinks the tariffs are set in stone, and what kind of impact it would cause to ag production.
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NCBA CEO Colin Woodall says more conversations need to occur with stakeholders present surrounding President Trump’s proposal to lower consumer beef prices with Argentinian imports.
API said it stands ready to work with Congress to develop a balanced approach to E15 legislation that promotes fuel choice, supports investment certainty, and contributes to a stable and fair marketplace for American consumers.
Lawmakers are pressing for answers on how Washington’s “managed trade” approach — keeping leverage through long-term tariffs — will affect farmers, global markets, and future export opportunities.
In the meantime, Senate Majority Leader John Thune is asking that farmers be allowed to use marketing assistance loans to help stay afloat.
Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.