President Trump is making good on his campaign promises to level the field on trade. However, speaking from the Oval Office yesterday afternoon, he suggested some countries could receive exemptions to his tariff plan, making his approach broader.
Tariffs against major trade partners are expected to go into effect on April 2nd, a week from tomorrow. Canada’s new Prime Minister, Mark Carney, says they are prepared to return fire but need to proceed with caution.
“There is a limit to the extent we should match U.S. tariffs. My commitment, my government’s commitment, is that we will use all of the revenues from those tariffs to support Canadian workers who are affected by the U.S. trade actions, and we’ll see what happens on April 2nd. We’ll see what happens after that. And there’s a limit, there’s a limit to matching these tariffs dollar-for-dollar, given the fact that our economy is a tenth of the size of the United States.”
Carney says Canadian officials are now looking at providing their own version of economic assistance to help farmers hurt by trade issues, but no detailed plans have been drawn up yet.
House Agriculture Committee Democrats are calling for action on the Farm and Family Relief Act, warning that proposed SNAP cost shifts to states could reduce food assistance for low-income families amid ongoing tariffs and trade disruptions that continue to strain U.S. farmers.
January 15, 2026 12:30 PM
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Tight beef cow supplies and steady demand point to continued record-level cull cow prices in 2026.
January 15, 2026 11:23 AM
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RFD News correspondent Frank McCaffrey reports from Texas on the ongoing water dispute and its implications for U.S. farmers.
January 14, 2026 12:17 PM
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RealAg Radio host Shaun Haney discusses the latest developments in the Supreme Court, trade tariffs, and the future of the USMCA under President Donald Trump.
January 14, 2026 11:54 AM
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The American Farm Bureau Federation’s 2026 agenda centers on labor stability, biosecurity, and economic resilience for family farms. Expanded DMC coverage improves risk protection for dairy operations facing tighter margins.
January 14, 2026 11:19 AM
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Freight volatility increasingly determines export margins, making logistics costs as important as price in marketing decisions.
January 14, 2026 06:00 AM
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