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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RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
USMCA review nears a critical stage as the U.S. and Mexico advance talks while Canada risks being left behind, raising concerns across North American agriculture trade.
European officials say the temporary move is aimed at easing pressure on farmers as conflict in the Middle East disrupts fertilizer markets.
Canadian industry leaders argue the tax policies cited by U.S. officials are similar to exemptions already used by American growers.
National Potato Council CEO Kam Quarles says potato wart could have devastating consequences for U.S. growers and export markets.
Current estimates are already hovering around 80 weeks.
