Trade tensions tighten with Canada. The country now faces a 35% tariff on all goods entering the U.S. beginning August 1st.
Host of RealAg Radio Shaun Haney spoke with RFD-TV’s Suzanne Alexander about the new round of tariff threats, how the Canadian Prime Minister will react, and the likelihood of avoiding them.
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One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.