President Trump has paused his 50 percent tariff hike on the European Union until July. The higher rate was supposed to begin in just a few days.
President Trump says he had a productive call with the EU Commissioner over the weekend, saying she wants to reach a deal but needs more time, requesting a pause until July 9th.
President Trump has said the EU has been difficult to deal with and has voiced frustration over how long negotiations were taking. The EU already has a 25 percent tariff on steel and aluminum, along with reciprocal tariffs on around 10 percent of other goods.
Related Stories
Policy awareness is becoming part of everyday risk management.
Ag leaders say President Donald Trump’s State of the Union is unlikely to spark major agriculture headlines, but ongoing tariff uncertainty and trade policy remain key concerns, as does the debate around glyphosate and the status of the next Farm Bill.
Expanded global trade access boosts long-term export demand potential for U.S. ag products.
Agriculture avoided major disruptions, but trade uncertainty remains elevated.
The debate now matters as much as the policy — market rules and regulatory clarity depend on whether Congress can finish the bill this year.
The U.S. Supreme Court ruled on Friday that imposing duties without Congressional authorization exceeds presidential powers. RealAg Radio host Shaun Haney joins us to discuss the potential trade and agriculture implications of the recent ruling.
