U.S. agriculture prepares for 25% tariffs on Mexico & Canada tomorrow

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.

Related Stories
Ag leaders say President Donald Trump’s State of the Union is unlikely to spark major agriculture headlines, but ongoing tariff uncertainty and trade policy remain key concerns, as does the debate around glyphosate and the status of the next Farm Bill.
Cotton jassid, a invasive pest, is raising concerns for Southeast cotton growers as experts work to understand its impact this season.
Border closures tied to the threat of New World Screwworm continue to stall Mexican fed cattle imports, tightening U.S. feeder cattle supplies over time — triggering feedlot closures that hinder herd rebuilding efforts, threaten the beef supply chain, and shrink production while consumer prices stay elevated.
Brooks York of AgriSompo discusses projected prices and how farmers are adapting their crop insurance strategies as the price discovery period comes to a close.
Ranger Road Fire has burned 283,000 acres across Kansas and the Oklahoma Panhandle and is nearing containment, as ranchers begin assessing cattle and infrastructure losses as they look toward recovery.

LATEST STORIES BY THIS AUTHOR:

Weskan Grain CEO Will Bramblett discusses the antitrust lawsuit filed by grain farmers and agribusinesses, and its potential implications on rail competition and market access.
RealAg Radio host Shaun Haney shares insight into Canada’s trade push in Mexico and what it could signal for agriculture and the USMCA moving forward.
Lawmakers request information from CEO Scott Stump over sponsorship concerns and potential implications for the organization’s nonprofit status.
Roger McEowen with the Washburn School of Law reviews key highlights from the House Agriculture Committee’s latest farm bill proposal.
Ethanol output is improving, but weak domestic demand and export headwinds temper optimism about corn demand. Renewable Fuels Association President & CEO Geoff Cooper discusses the latest developments on Federal approval of year-round E15.