President Trump on Trade: “The biggest investment ever made in the U.S. is being made right now”

President Trump is defending his trade policy and tariffs.

During a meeting with the Canadian Prime Minister, he said his team is making big progress on reversing the last four years of bad policy.

“Those numbers are rapidly turning between the tariffs. Don’t forget we’re now getting 25% on cars, 25% on aluminum, 25% on steel, and maybe more importantly, massive numbers of companies are moving into the United States, like Honda. Car companies are moving in at levels we’ve never seen before. The biggest investment ever made in the United States is being made right now.”

Trump and Mark Carney talked trade between the two countries and ways to move forward. President Trump acknowleged issues with the previous leadership in Canadian government, but says he looks forward to the upcoming negotiations for the USMCA.

Related Stories
Rail and barge grain movement strengthens ahead of harvest as higher transportation costs add pressure
RealAg Radio’s Shaun Haney says escalating uncertainty around the U.S.-Canada trade relationship will remain an issue to watch in agriculture.
Industry leaders say protecting USMCA and access to the Canadian market remains a priority.
Imported lean beef may already be trading at roughly the discount President Donald Trump has cited, suggesting the 25 percent figure reflects existing market prices rather than a guaranteed reduction in retail beef costs.

LATEST STORIES BY THIS AUTHOR:

Crop margins remain under pressure while stronger protein demand provides more support for livestock and dairy producers.
Consumers are showing stronger demand for meat at grocery stores as financial pressure weighs on restaurant spending.
Nothing changes immediately. This is a supplemental proposal, and EPA will accept comments for 30 days after publication in the Federal Register before developing a final rule.
The Antitrust Division says it sent letters to Kroger, Publix, Walmart, Albertsons, Aldi, Ahold Delhaize, Costco, and Amazon.
USDA plans to reduce producer surveys while improving how agricultural data is collected and reported.