President Trump terminates trade talks with Canada

canadian-flag-with-banff-in-background-4k-SBI-349564136 (1).jpg

Trade talks with Canada are on hold. The message comes after a late night post to social media by President Trump.

He cancelled talks after Ontario’s government pushed back on his tariff plan during an ad campaign. President Trump said the campaign was meant to influence the tariff case before the Supreme Court next month. He said tariffs are an important part of national security.

It is not clear how this announcement will impact USMCA trade negotiations. Most items in that deal remain duty-free.

LATEST STORIES BY THIS AUTHOR:

Accessing land is one of the biggest challenges facing the next generation of farmers and ranchers.
HTS Commodities broker Lewis Williamson joins us to break down the latest USDA Crop Progress Report and how weather and global supply chain issues could influence planting conditions moving forward.
Purdue University’s Dr. Michael Langemeier joins us to break down the latest read on farmer sentiment in the April Ag Economy Barometer, and growing concerns about the impact of global conflict on farm inputs and income.
Federal officials are signaling a more aggressive push on beef packer concentration, but any direct market impact will depend on what the investigation actually finds.
Higher freight rates and potential service disruptions are key concerns for agriculture, which relies heavily on rail to move commodities.
Wyoming cowboy and Dusty Vaquero Days founder J.B. Zielke joins us to preview his upcoming event in Gillette and to highlight the festival’s celebration of cowboy culture through music and community events.