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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Cattle analysts say the U.S. beef cattle herd rebuild still faces major hurdles despite some minor positive signals noted in certain regions.
Andy Tauer from the National Pork Board discusses efforts to boost pork demand and how the industry is responding to trade restrictions related to pseudorabies.
President Trump and Treasury Secretary Scott Bessent are expected to discuss commodities, trade and regional stability during meetings in Asia.
The White House is reportedly moving forward with beef import tariff reductions as officials look to lower food costs for consumers.
Current estimates indicate the federal government could be forced to return more than $150 billion to importers.
Farmers are closely watching upcoming U.S.-China trade talks as rising fertilizer and diesel costs continue to pressure exports, margins, and rural economies.
