Less than a week after taking effect, other nations are responding to President Trump’s tariff plan, looking for a deal.
Speaking to reporters aboard Air Force One over the weekend, the President says he has spoken to leaders from key trade areas like Europe and Asia and says they want to negotiate. Administration officials say more than 50 countries have reached out since the tariffs went into effect.
President Trump says the goal is to have a trade surplus or, at worst, break even.
Related Stories
Virginia Gov. Abigail Spanberger recently sent a letter to U.S. Secretary of Agriculture Brooke Rollins calling the policy “catastrophic” and raising concerns about its potential impact on cattle producers.
Canadian Prime Minister Mark Carney says the retaliatory tariffs aim to protect Canadian industries by targeting sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.
Reduced daily vessel capacity could create longer shipping delays for agricultural exports and imported farm inputs.
Corn inspections reached 1.1 million metric tons as Mississippi River shipments remained well above recent averages.
Industry leaders warn of losses to domestic production and jobs.
Additional 50 percent U.S. tariffs on Canadian goods are now in effect as Canada vows retaliation and ag groups urge trade negotiations to continue.
