Today is the day that many countries around the world have been preparing for. President Trump has laid out the remainder of his tariff plan, with most countries set to see their rates kick in next week on August 7th.
Canada is the only country with the new tariff rate set to kick in today. Through executive order, Trump raised the rate 10 points to 35 percent. This was done through an adjustment of the tariffs laid out in March, on concerns of fentanyl smuggling into the United States. Items covered under USMCA will not be impacted.
Here is where we stand today: A number of countries already have deals in place, like the European Union, Japan, and the UK. Mexican President Gloria Sheinbaum was able to secure a 90-day pause after a phone call with President Trump this week. He calls their situation “different” from other nations and says those negotiations will be handled separately.
Rising global supplies may cap soybean price strength, while sorghum prices hinge heavily on China’s export demand.
April 17, 2026 11:25 AM
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Trade disputes can quickly reduce demand for key crops.
April 16, 2026 11:15 AM
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Input costs may stay elevated beyond tariff impacts.
April 16, 2026 10:47 AM
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Rising costs and prices are shifting acreage toward soybeans. Most fertilizer prices are up double digits from this time last year, with Urea seeing the largest gains.
April 13, 2026 11:57 AM
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Shaun Haney with Real Ag Radio joined us to break down the USMCA review and what Canadian producers and exporters should be watching in the months ahead.
April 09, 2026 02:39 PM
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Real Ag Radio’s Shaun Haney talks about astronaut Jeremy Hansen’s historic moment in space with NASA’s Artemis II mission, and Hansen’s connection to agriculture as the son of a Canadian farmer.
April 02, 2026 04:21 PM
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