Tariffs on Canadian dairy and lumber imports could be next

The latest tariff delay includes items covered under the USMCA. However, tariffs could be on the way for other goods coming out of Canada.

President Trump is looking at Canadian dairy and lumber imports. He told reporters in the Oval Office that Canada has a tremendously high tariff, making it impossible for U.S. to sell lumber or dairy there. Dairy groups have argued for years that there are too many trade barriers for accessing Canadian markets.

Lumber has also been at the center of debate, with the U.S. accusing Canadians of benefitting from subsidies from federal and local governments.

LATEST STORIES BY THIS AUTHOR:

A massive rail merger could significantly impact North American agriculture and trade flows.
Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.
Earlier this year, the BLM moved to rescind the Public Lands Rule from the Biden Administration. Interior Secretary Doug Bergum says overturning the rule will protect the American way of life and give rural communities a stronger voice.
Lower turkey and wheat prices helped ease Thanksgiving costs, but underlying farm-sector pressures remain significant.
Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.