The tariff rate on Canada has been raised to 35 percent and is set to go into effect today. Many are now speculating over what impact could lie ahead for agriculture on both sides of the border.
Keith Currie with the Canadian Federation of Agriculture joined RFD-TV’s own Tammi Arender to discuss what he is hearing from Canadian farmers, if he expects any immediate impact for agriculture, and possible ripple effects.
Related Stories
Farm groups and equipment manufacturers say lower tariffs could help reduce machinery costs and support producers facing tight margins.
AEM’s Kip Eideberg joins us to discuss tariff policy changes, their potential impact on agricultural equipment costs, and the outlook for the farm machinery sector.
USDA Undersecretary for Trade Luke Lindberg says expanding export demand is creating new opportunities for U.S. ethanol producers.
Tariffs on combines, harvesters, and some farm equipment will be reduced to 15% until 2028.
