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.
As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
September 11, 2025 11:26 AM
·
RealAg Radio host Sean Haney joins us for a Canadian perspective on President Trump’s controversial tariff rollout, lower court rulings, and upcoming review by the U.S. Supreme Court.
September 10, 2025 03:10 PM
·
The September WASDE report comes out on Friday at Noon ET. As always, we’ll bring you those numbers right here on Market Day Report along with our expert
September 10, 2025 11:44 AM
·
Lewie Pugh, with the Owner-Operator Independent Drivers Association, joined us on Monday’s Market Day Report with his insights on the incident and a deeper dive into the issues at hand.
September 08, 2025 12:00 PM
·
As the Trump Administration seeks out new global trade partnerships, Congress is considering more support for farmers, which comes as the Federal Reserve warns that farmers need a safety net.
September 08, 2025 11:47 AM
·
Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
September 08, 2025 11:45 AM
·