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
Malone, Senior Director of Trade Execution at Bunge, emphasized the importance of spaces where women can engage in meaningful conversations about global trade, supply chains, and leadership opportunities.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.