Canada is the only country with the new tariff rate set to kick in today. President Trump raised their tariff rate ten points to 35 percent, through an adjustment of the tariffs laid out in March on concerns of fentanyl smuggling into the United States.
Host of Real Ag Radio Shaun Haney joined RFD-TV’s Tammi Arender to discuss how realistic it is that Ottawa can negotiate relief with Washington, Mexico’s 90-day extension, and the risks that tariffs could pose to manufacturers and consumers on both sides of the border.
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Lyndsey Smith with Real Ag Radio joined RFD-TV to share a Canadian perspective on the discussions.
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.
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.
China is not one of our top suppliers of cooking oil, according to USDA ERS data, but does export a lot of used cooking oil to the U.S. for biofuel production.
