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
Lyndsey Smith with RealAg Radio discusses how global trade dynamics could shape the future of Canada’s pulse exports.
“Farmers for Free Trade” warns that disaster is brewing as President Trump’s trade policy is causing farm input costs to rise even more.
NCBA CEO Colin Woodall says more conversations need to occur with stakeholders present surrounding President Trump’s proposal to lower consumer beef prices with Argentinian imports.
Corn and wheat inspections outpaced last year, but soybean movement remains seasonally active yet behind, keeping basis and freight dynamics in focus by corridor.
Lawmakers are pressing for answers on how Washington’s “managed trade” approach — keeping leverage through long-term tariffs — will affect farmers, global markets, and future export opportunities.
In the meantime, Senate Majority Leader John Thune is asking that farmers be allowed to use marketing assistance loans to help stay afloat.