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
Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
According to the new report, seven out of ten rural bankers support President Trump’s recent trade steps with China, expressing cautious optimism about future export potential.
Laramie Sandquist discusses Nationwide Agribusiness’s commitment to grain bin safety initiatives, including providing life-saving equipment and training to fire departments across the country.
Brooks York with Agri-Sompo discusses how this year’s pricing period played out and what it could mean for farmers heading into the end of the season.

LATEST STORIES BY THIS AUTHOR:

Bioethanol is becoming a global standard. For growers, that boom comes as drops in Mississippi River levels and in soybean demand occur in tandem, leaving barge space for corn and wheat.
The government shutdown has touched nearly every sector of the ag industry since it began, and now impacts are spilling over into dairy.
With China halting U.S. soybean purchases and talks tied to broader strategic issues, growers face renewed export uncertainty.
Talks highlight the widening role of agriculture in U.S.–India trade policy, though neither side appears ready for major concessions before tariff issues and oil imports are resolved.
Southern farms are deepening online engagement for cost savings and market access, while higher-cost precision technologies face renewed scrutiny amid tight budgets.
Global trade teams and summit discussions highlight expanding opportunities for U.S. corn and ethanol exports as nations explore renewable fuel options and reduced-carbon energy pathways.