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:

Livestock profits are propping up overall sentiment, but crop producers remain cautious amid tight margins and uncertain policy signals.
Farmers for Free Trade Executive Director Brian Kuehl shares more about the tour to gather farmers’ insights on the economic challenges they face in the ag economy.
Recent U.S.–China trade developments provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major moves.
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
According to the new report, seven out of ten rural bankers support President Trump’s recent trade steps with China, expressing cautious optimism about future export potential.