President Trump is doubling down on his promise of 25 percent tariffs on Canada and Mexico tomorrow. It has been met with mixed reviews, but both countries say they are ready for retaliation.
Mexico says it will counter with tariffs as high as 20 percent. Canada has hinted at energy tariffs as its energy supplies a large portion of the dairy country along the northern border. A series of high-level talks will take place in Washington today in an effort to get both countries to cooperate with President Trump’s immigration orders. However, barring any 11th-hour deals, President Trump says the tariffs will go into effect tomorrow.
This could have a major impact on farmers and ranchers. RFD-TV’s Tammi Arender, Tony St. James, and Scott Shellady discussed the ripple effects it could have on producers and how it is affecting the markets.
Improving consumer confidence supports baseline food and fuel demand, but cautious spending limits upside potential for ag markets in 2026.
January 05, 2026 03:00 PM
·
Read the full press release published by the U.S. Department of Agriculture.
January 05, 2026 02:36 PM
·
A look at the legislative year ahead as lawmakers return to Washington with a slate of trade concerns to tackle in 2026—from new Chinese tariffs on beef imports to the USMCA review this summer.
January 05, 2026 12:20 PM
·
Farmer Bridge Assistance payments provide immediate balance-sheet support heading into 2026, but remain a short-term bridge rather than a substitute for long-term market recovery.
January 05, 2026 10:17 AM
·
The New Year is here, but in Oregon, some ranchers and livestock producers are still trying to recover from record wildfires back in 2024.
January 05, 2026 09:46 AM
·
December 30, 2025 12:45 PM
