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.
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NCBA CEO Colin Woodall says more conversations need to occur with stakeholders present surrounding President Trump’s proposal to lower consumer beef prices with Argentinian imports.
Corn and wheat inspections outpaced last year, but soybean movement remains seasonally active yet behind, keeping basis and freight dynamics in focus by corridor.
Lawmakers are pressing for answers on how Washington’s “managed trade” approach — keeping leverage through long-term tariffs — will affect farmers, global markets, and future export opportunities.
In the meantime, Senate Majority Leader John Thune is asking that farmers be allowed to use marketing assistance loans to help stay afloat.
Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.
Cattle groups say additional imports would offer little relief for consumers but could erode rancher confidence as the industry begins to rebuild herds.
