WASHINGTON, D.C. (RFD NEWS) — The Supreme Court announced it will not issue a decision today on President Donald Trump’s tariffs-based trade strategy, leaving uncertainty around the future of the policy. Legal experts say the Court could still rule at a later date, with outcomes ranging from full approval to a complete strike-down, or something in between. The Court has not announced the next possible opinion date.
Meanwhile, President Trump is also raising new questions about the future of the U.S.-Mexico-Canada Agreement (USMCA). Speaking while touring a Ford vehicle factory in Michigan, the President called the USMCA “irrelevant,” largely due to his use of tariffs. He said the agreement provides no advantage to the United States and claimed Canada benefits far more from the deal.
Those comments come as the trade agreement is set for review this summer. The USMCA was renegotiated during President Trump’s first term. Leaders at Ford told Reuters the company relies on the agreement and called it critical to their operations, though they also said revisions are needed. Several agricultural groups have publicly called for the USMCA to be renewed.
Shaun Haney, host of RealAg Radio, joined us on Wednesday’s Market Day Report to discuss how the president’s remarks could impact the outlook for the upcoming USMCA review.
In his interview with RFD NEWS, Haney explained how strong language could influence trade negotiations and what the comments could signal in terms of timing. He also discussed the potential reaction from farm groups in both the United States and Canada as uncertainty builds around the agreement.
Brooks York with Agrisompo joined us on Monday’s Market Day Report with some guidance on how producers can navigate their crop insurance claims for unsold grain crops.
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