Trade Uncertainty Grows as SCOTUS Delays Tariff Ruling, Trump Calls USMCA ‘Irrelevant’

RealAg Radio host Shaun Haney discusses the latest developments in the Supreme Court, trade tariffs, and the future of the USMCA under President Donald Trump.

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.

Related Stories
Caleb Ragland, president of the American Soybean Association (ASA), shares his reaction to news of soybean sales to China, which is considered both “welcome news” and a return to near-normal trade relations.
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
Chris Bliley with Growth Energy discusses ongoing concerns about U.S. ethanol exports and the expansion of market access promised under the Phase One deal between the U.S. and China.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
Dr. Ashley Johnson, with the National Pork Producers Council (NPPC), joins us to share the sector’s perspective on new FDA initiatives targeting ultra-processed foods.

Marion is a digital content manager for RFD-TV and The Cowboy Channel. She started working for Rural Media Group in May 2022, adding a decade of experience in the digital side of broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Record yields and exceptionally low BCFM strengthen U.S. corn’s competitive position in global markets.
Raulston Acres Christmas Tree Farm in Rock Springs, Ga., has been in the same family for three generations.
Reed Marcum started hosting a toy drive in 2015. Since then, he has distributed thousands of toys across his home state of Oklahoma and in Texas and Arkansas. Now serving in the Army, Reed’s family and local 4-H chapter are running the event.
RFD-TV Farm Legal and Tax Expert Roger McEowen explains the basics of Low-Risk Credit in Farming, and how an understanding of the farm credit landscape lets producers tactfully approach debt.
Mike Steenhoek, with the Soy Transportation Commission, shares his outlook on current grain stocks and transportation lines amid bumper crops filling bins across the United States.