This week, President Donald Trump flexed the power of the U.S. when it comes to trade. Mexico and Canada made concessions to avoid tariffs, and now Trump is looking at the European Union.
“Well, we have massive deficits with the European Union, massive like $350 billion, if you can believe it,” Pres. Trump said. “They don’t take our farm products. They don’t take our cars.”
Trump says the EU has abused the U.S. for years, and that needs to change. He also repeated the notion that it could be in Canada‘s best interest to become the 51st state of the United States, saying they have a lot more to lose than we do.
“Why are we willing to lose between $100 billion and $200 billion a year?” Trump said. “We don’t need that. As a state, it’s different, and there are no tariffs. I’d love to see that, but some people say that would be a long shot. If people wanted to play the game right, it would be 100% certain that they become a state.”
This week, Canadian Prime Minister Justin Trudeau offered concessions to keep the tariffs at bay for at least a month. President Trump is expected to keep in talks with Canada and Mexico over the next 30 days.
American Soybean Association President Caleb Ragland shares the soybean sector outlook following the announcement of farm aid to offset losses for U.S. row crop growers.
December 10, 2025 11:33 AM
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Tariff relief and new trade agreements may temper food costs by reducing import costs.
December 09, 2025 11:55 AM
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Lawmakers and experts react to the Administration’s long-awaited announcement of “bridge” aid to stabilize farms and offset 2025 losses until expanded safety-net programs begin in 2026.
December 08, 2025 05:40 PM
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$11 billion will go to row-crop farmers immediately, with $1 billion set aside for specialty crops.
December 08, 2025 03:19 PM
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Cattle imports from Mexico remain stalled amid the New World screwworm outbreak. At the same time, Tyson closures add pressure on Nebraska producers and markets ahead of the USDA’s upcoming Cattle on Feed Report.
December 08, 2025 01:55 PM
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December 08, 2025 10:05 AM
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American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
December 05, 2025 12:29 PM
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Texas livestock producers face a heightened biosecurity threat as New World screwworm detections in northern Mexico coincide with FDA approval of the first topical treatment.
December 05, 2025 11:27 AM
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WTO gauges point to agricultural raw materials trade growing more slowly than overall goods, reinforcing the need to manage export risk and monitor policy shifts closely.
December 03, 2025 03:46 PM
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