After a series of 11th-hour conversations, tariffs are on hold with our two largest trading partners.
Late yesterday, Canada agreed to several measures similar to Mexico, to avoid President Trump’s threat of 25 percent tariffs. Those tariffs against both countries are on hold for 30 days. Both countries have agreed to stronger border security, with Canada even agreeing to create a fentanyl czar to stop the drug from crossing the border.
Speaking from the Oval Office, President Trump says it is time for America to stand our ground.
“You’re gonna say every single one of those countries is dying to make a deal. You know why? They’re ripping us off, really badly, and the United States is tired of being ripped off. That’s why we have $36 trillion in debt. We have it for a reason: because we make bad deals with everybody, and we don’t allow that anymore.”
Both countries will send 10,000 troops to their border. Canada said it will direct $900 million in border security. President Trump says he will continue to negotiate terms over the next month.
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Wayne Cockrell with the Texas and Southwestern Cattle Raisers Association joined us to discuss preparedness, producer awareness, and the industry’s response to New World screwworm concerns.
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President Donald Trump speaks at the World Economic Forum in Davos, addressing SNAP spending, tariff threats against Europe, market reactions, and the upcoming USMCA review.
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Despite rising costs and growing food insecurity, meat demand remained strong in 2025 as higher-income consumers offset cutbacks elsewhere. Economists break down the K-shaped economy, upcoming USDA cattle reports, livestock production outlooks, and renewed debate over beef imports and country-of-origin labeling heading into 2026.
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Corn growers are turning to ethanol, E15 expansion, and export markets to help absorb record supplies and stabilize prices. Farm leaders discuss low-carbon ethanol demand, flex-fuel vehicle challenges, input costs, and the role of USMCA as producers look for market relief in the year ahead.
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Congressional leaders signal momentum toward expanded, targeted farm aid to help producers manage losses and cash-flow stress in 2026.
January 20, 2026 11:48 AM
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