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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RFD-TV Farm Legal and Taxation expert Roger McEowen joined us Friday to break down the executive order and what it means for farmers and ranchers.
Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down what this extension means for affected ranchers.
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
