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.
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The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
Higher tariffs may shield some U.S. crops but risk retaliation, lost markets, and higher costs for growers. The WTO disputes highlight the fragile balance between trade policy, farm exports, and input supply chains.
Producers and processors should watch trade policy closely as tariff impacts ripple through seafood markets.
Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
U.S. trade talks with China resume, but meat industry leaders say dealing with shifting demand and market uncertainty is nothing new in this side of the ag sector.
