President Trump’s latest tariff moves on Mexico and Canada: “They’re ripping us off”

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.

Related Stories
Enjoy special programming as you gather to feast and give thanks with your family, featuring a re-cap of the 98th National FFA Convention, special airings of favorite music programs, and a “Lonesome Dove” marathon.
Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.
With feed supplies running tight, producers can tap into some creative options, according to University of Pennsylvania Veterinarian and Professor Dr. Joe Bender.
Shawn Haney, Host of RealAg Radio on Rural Radio SiriusXM Channel 147, joined us on Tuesday’s Market Day Report with the latest news from Canada impacting the ag sector.
Dr. Deb Vnoverbeke, UNL’s Head of Animal Science, joins us with more about the university’s experiential learning programs designed to prepare veterinary students for the future of agriculture.
New SDRP funding and expanded loss programs give producers additional tools to rebuild cash flow and stabilize operations after two years of severe weather losses.

LATEST STORIES BY THIS AUTHOR:

Wed, 12/17/25 – 7:30 PM ET | 6:30 PM CT | 5:30 PM MT | 4:30 PM PT
A massive rail merger could significantly impact North American agriculture and trade flows.
Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.
Earlier this year, the BLM moved to rescind the Public Lands Rule from the Biden Administration. Interior Secretary Doug Bergum says overturning the rule will protect the American way of life and give rural communities a stronger voice.
Lower turkey and wheat prices helped ease Thanksgiving costs, but underlying farm-sector pressures remain significant.