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
NMPF’s Alan Bjerga discusses pending trade agreements with Indonesia and Ecuador and how they will benefit U.S. dairy producers and improve overall global competitiveness of U.S. ag products.
Debt pressures could reshape farm policy and credit.
India trade tensions may affect the U.S. export outlook.
Tariff revenues rarely flow directly back to farmers.
Weak crop margins and tariff uncertainty are delaying machinery purchases and signaling slower capital investment across U.S. agriculture.
Jeramy Stephens with National Land Realty explains how the Supreme Court’s tariff ruling and ongoing ‘America First’ trade policy raise new questions about U.S. farmland values and agricultural market stability.

LATEST STORIES BY THIS AUTHOR:

University of Nebraska–Lincoln ag educator Matt Kreifels discusses his recent FFA Alumni award and the future of ag education.
Mexico plans to release 202,000 acre-feet of water into the Rio Grande, offering temporary relief to South Texas farmers as Congress advances the PERMIT Act.
Analysts say that while low-income households are facing financial pressures, other middle- and higher-income consumers are helping fill the gap for retail beef demand.
Despite China’s sharp drop in grain purchases this year, new USDA export data this week shows that even some buying activity from the trade giant still moves the markets.