“What exactly is the ask?” RealAg Radio’s Shaun Haney gives the latest on U.S.-Canada trade

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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China will reduce its tariffs from 125% to 10%. In return, the U.S. will lower tariffs on most Chinese goods from 145% to 30%.

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