President Trump’s tariff plan is now in effect. 25 percent tariffs began overnight for both Mexico and Canada, and the existing 10 percent tariff on China was raised to 20 percent. Canadian energy is being treated differently as they are a major energy trade partner with us, and those are subject to 10 percent tariffs.
RFD-TV’s Tony St. James and Scott Shellady joined Tammi Arender to help sort it all out and how the markets are reacting.
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As we start the new year, let’s take a look at some of the legislative items from 2023 affecting agriculture that will continue to play out in the political area for months to come.
Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
