A trade deal is now on the books between the UK and the United States. The agreement was signed yesterday afternoon at the G7 Summit, and it includes support for America’s beef producers.
President Donald Trump inked the deal with British Prime Minister Keir Starmer. The agreement cuts tariffs on UK auto and aerospace imports. Tariffs on steel production are still in the air, but it does open the door for more beef exports.
The trade deal will allow American farmers to export up to 29 million pounds of beef to the UK each year. President Trump calls the deal fair for both sides and says it will create more jobs and a lot more income.
This all comes as the clock ticks down to July 9th, when the 90-day tariff pause on several countries, including the European Union, comes to an end. President Trump paused reciprocal tariffs on most trade partners last month. If deals are not reached, the 10-percent baseline tariffs will likely go up. Tariffs on partners like China, Canada, and Mexico are all adjusted separately.
U.S. Rep. Dusty Johnson (R-SD) shares his outlook on the developing U.S.-China Trade agreement, and the ongoing impact of the federal government shutdown—now stretching past four weeks—on rural communities and producers.
October 31, 2025 01:35 PM
·
RealAg Radio host Shaun Haney joined us on Friday’s Market Day Report to discuss what the Carney-Xi meeting could mean for Canadian producers.
October 31, 2025 01:29 PM
·
Texas A&M livestock economist Dr. David Anderson joins Tony St. James to discuss the geopolitical tensions and U.S.-Mexico border closure that are leading to sharp swings in the cattle market.
October 31, 2025 12:50 PM
·
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.
October 31, 2025 12:26 PM
·
Rabobank’s outlook signals a tightening margin environment, emphasizing the need for cost control, trade stability, and clearer policy signals heading into 2026.
October 31, 2025 11:44 AM
·
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
October 30, 2025 03:25 PM
·