Canadian farmers are reeling from the announcement that China is applying a tariff of 76% on canola.
Host of RealAg Radio, Shaun Haney spoke with RFD-TV’s own Suzanne Alexander about China’s decision, ripple effects, and compensation for Canadian growers.
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President Trump and Treasury Secretary Scott Bessent are expected to discuss commodities, trade and regional stability during meetings in Asia.
The White House is reportedly moving forward with beef import tariff reductions as officials look to lower food costs for consumers.
Current estimates indicate the federal government could be forced to return more than $150 billion to importers.
Farmers are closely watching upcoming U.S.-China trade talks as rising fertilizer and diesel costs continue to pressure exports, margins, and rural economies.