25 percent tariffs are just days away for Canada and Mexico, which are both major trade partners of the United States.
Iowa Senator Chuck Grassley says while there could be retaliatory tariffs, this is what the people decided.
“The country has turned protectionist and mercantilist, and I don’t think that’s good. But we did have an election decided that the country likes what Trump’s trying to do.”
Canadian leaders have also been vocal about the tariff threats, saying the energy markets could be in for a shock if they go through.
“Our entire trade surplus is due to oil and gas. We export at enormous discounts to market price. Depending on the time, we sell a barrel of oil to the Americans for 10 to 30 or 40 percent cheaper than the world price. If President Trump wants to make America richer, the last thing he should want to do is block the under-priced Canadian energy from going into his marketplace,” said Pierre Poilievre, the current Canadian Conservative Party Leader.
Poilievre is widely believed to be Canada’s next Prime Minister. President Trump has given a Saturday start date for the 25 percent tariffs if Canada and Mexico do not cooperate with his immigration plan.
China’s stricter inspection rules prompt Cargill to pause soybean exports from Brazil, briefly lifting U.S. soybean prices as traders anticipate potential shifts in global trade, as export demand remains supportive across all major U.S. commodities.
March 13, 2026 12:57 PM
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Suderman joins Tony St. James in the RFD Studios to discuss how geopolitical tensions are triggering global transport disruptions, new inflation pressures, and other challenges for agriculture to navigate.
March 13, 2026 11:08 AM
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Dr. David Anderson with Texas A&M University AgriLife Extension discusses how geopolitical tensions and the Middle East, along with export disruptions in the Chinese market, will shape cattle markets in the months ahead.
March 12, 2026 12:54 PM
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Energy shifts influence diesel and fertilizer costs.
March 12, 2026 05:00 AM
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ASFMRA’s Craig Thompson shares insights for American farmers who are navigating farmland markets amid agricultural uncertainty.
March 11, 2026 04:04 PM
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Ben Kurtzman with American Farmland Trust discusses the growing pressure on farmland and ranchland and the steps being taken to help conserve farms and ranches across the country ,as unrest in the Middle East adds more obstacles for producers.
March 11, 2026 03:18 PM
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