New tariffs were announced overnight against Canada. In a letter to Prime Minister Mark Carney, President Trump expressed concerns in several areas, including dairy trade.
Canada now faces a 35 percent tariff on all goods entering the United States, beginning August 1st. The rate will be on top of the other sector-based duties.
President Trump says Canada still has large barriers for U.S. dairy products, warning that some dairy farmers cannot even enter the Canadian market. He calls the imbalance a threat to national security.
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Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
Higher tariffs may shield some U.S. crops but risk retaliation, lost markets, and higher costs for growers. The WTO disputes highlight the fragile balance between trade policy, farm exports, and input supply chains.
Producers and processors should watch trade policy closely as tariff impacts ripple through seafood markets.
Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
U.S. trade talks with China resume, but meat industry leaders say dealing with shifting demand and market uncertainty is nothing new in this side of the ag sector.
Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
