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.
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
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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.
October 30, 2025 02:30 PM
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“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.”
October 30, 2025 02:20 PM
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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.
October 30, 2025 12:56 PM
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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.
October 30, 2025 12:04 PM
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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.
October 30, 2025 10:37 AM
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