Canadian leaders on the evolving trade relationship with the U.S.: “It’s a wake-up call”

Canada is a major trade partner with the United States. Politicians there say the ongoing trade talks leave them with more questions than answers, but they admit it is a good opportunity for some self-reflection as a country.

“It is a general wake-up call about the country,” said Jean Charest, co-chair of the Council of Canada–U.S. relations. “Twenty years from now, we may thank Donald Trump for doing this and allowing us to have a very hard look at ourselves and how we have managed our economy, because it used to be that we could take the Americans for granted. We can’t anymore. And rather than talk about what we’ll do, do it.”

Ag groups warn that the fertilizer markets would see the first impact of a trade war. As a result, Canadian leaders have created a special council.

Related Stories
Mexico has fallen behind by several hundred thousand acre-feet in required water deliveries to the United States, a shortfall that has had devastating consequences across the Rio Grande Valley.
Securing Critical Water Resources for South Texas Agriculture
RealAg Radio host Shaun Haney says farmers there are already sounding the alarm about what this could mean for the future of ag research.
Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
Strong White House backing supports ethanol demand, but timing now hinges on Congress resolving procedural — at the same time as they push toward a spending bill to avert another federal government shutdown.
Lewis Williamson of HTS Commodities joined us with an update on the historic winter storm impacts and his outlook on today’s ag markets.

LATEST STORIES BY THIS AUTHOR:

Kip Eideberg with the Association of Equipment Manufacturers details its campaign spotlighting the people who build equipment vital to farming and food manufacturing.
Buzzard discusses her upcoming appearance on the Dirt Diaries podcast with host Kirbe Schnoor and the importance of sharing authentic stories about agriculture.
Dr. Jeffrey Gold, President of the University of Nebraska, joined us to break down what telehealth entails and which conditions can be managed through remote appointments.
Improved export prospects and higher crop prices strengthened future expectations despite continued caution about spending.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.
Federal lawyers submitted a brief this week backing Bayer’s argument that federal laws governing herbicides like Roundup should prevent lawsuits over the popular chemical.