ALBERTA, Canada (RFD News) — The latest U.S. tariffs on Brazil are set to take effect July 22, but with several agricultural products exempted, questions remain about how much of an impact the move could have on U.S. agriculture.
RealAg Radio host Shaun Haney joined us on Friday’s Market Day Report to discuss the announcement.
In his conversation with RFD News, Haney said the exemptions, including certain beef products, suggest the administration is trying to balance trade policy with concerns about consumer beef prices.
Haney said Brazil remains a growing competitor in global agriculture, particularly in the Chinese market, and while the tariffs target some imports, their long term effect on trade flows and competitiveness remains to be seen.
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