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.

Related Stories
Policy awareness is becoming part of everyday risk management.
Canal consolidation during expansion could support export stability, but producers should watch for scheduling or policy changes.
Corn export pace remains the bright spot, but stable ethanol export demand remains a critical support for corn markets.
Rail consolidation could affect grain basis, freight rates, and service reliability across major producing regions.
Ag leaders say President Donald Trump’s State of the Union is unlikely to spark major agriculture headlines, but ongoing tariff uncertainty and trade policy remain key concerns, as does the debate around glyphosate and the status of the next Farm Bill.
Higher output keeps milk supplies ample, reinforcing expectations for softer dairy prices even as feed costs remain favorable.

LATEST STORIES BY THIS AUTHOR:

Global food prices inched upward for the third consecutive month according to the latest FAO Food Price Index. While some Americans struggle to source their next meal, others are ordering high-priced food delivery straight to their door more than ever before.
CMA Fest is dubbed as the Ultimate Country Music Fan Experience, and it lives up to it. Here is a recap of the first day of the four-day festival from RFD-TV News.