More countries got letters over the weekend from President Trump, warning that stronger tariffs are on the way come August 1st.
The latest round was addressed to the European Union, along with Mexico. President Trump says both countries face 30 percent tariffs starting next month. His concerns with Mexico stem from illegal drug trafficking, something Trump claims Mexico has made little progress on.
Leaders at the EU says they have their own tariffs ready to go, saying they have remained committed to finding a deal forward.
Related Stories
According to the Minneapolis Fed, the U.S. economy has remained resilient as prices continue rising.
The Farm Bureau is encouraging officials to strengthen the USMCA agreement while ensuring U.S. producers continue to have reliable access to key North American markets.
U.S. agriculture monitors Brazil tariffs and a new lamb import investigation as trade policy changes could impact farmers, ranchers, and global markets.
American Sugar Alliance members discuss their annual symposium this week in Colorado, trade concerns, Farm Bill priorities, and conditions on their farming operations.
