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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Brooks York of AgriSompo discusses projected prices and how farmers are adapting their crop insurance strategies as the price discovery period comes to a close.
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Ranger Road Fire has burned 283,000 acres across Kansas and the Oklahoma Panhandle and is nearing containment, as ranchers begin assessing cattle and infrastructure losses as they look toward recovery.
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Agriculture avoided major disruptions, but trade uncertainty remains elevated.
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The debate now matters as much as the policy — market rules and regulatory clarity depend on whether Congress can finish the bill this year.
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