President Trump has postponed 25 percent tariffs on most goods from Mexico for a month.
The announcement comes after Howard Lutnick, his Commerce Secretary, said tariffs on both Mexico and Canada would likely be delayed, according to AP News. It also marks the second one-month postponement the President has announced since early February when it unveiled the import taxes.
Lutnik stated that the reciprocal tariffs will still be implemented on April 2nd.
Story via Christopher Rugaber with AP News
Related Stories
CoBank Lead Grains Economist Tanner Ehmke joins us to share insight and concerns over current grain storage capacity as export demand lags.
As the government shutdown pushes the farm economy closer to the brink, Sens. Grassley and Ernst of Iowa are raising their voices for agriculture.
Plan for a cooler global trade market in 2026 with tighter margins on exports, potential rate shifts, and premiums for reliable deliveries into Asian and African growth markets.
George Baird, with the American Society of Farm Managers and Rural Appraisers (ASFMRA), joins us with updates on how this year’s rice harvest is shaping up.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
