GENEVA, SWITZERLAND (RFD-TV)— Global farm trade is bracing for fallout as higher U.S. tariffs trigger new disputes at the World Trade Organization. Brazil formally requested consultations with the U.S. on August 11, following earlier actions by Canada and China.
The moves come as Washington reimposed an additional 10 percent duty on imports from all trading partners, with higher rates on about 70 products, including key agricultural goods.
Soybeans, rice, fruits, and vegetables are among the most exposed sectors. China has yet to make significant new U.S. soybean purchases, while Canada’s consumers are shifting away from U.S. rice. Fruit exporters from South Africa and Chile warn that higher U.S. barriers could leave millions of cartons of citrus, cherries, and blueberries unsold.
Analysts note that input costs for farm machinery, chemicals, and other supplies could also rise as tariffs extend to equipment and imports critical for production.
Tony’s Farm-Level Takeaway: Higher tariffs may shield some U.S. crops but risk retaliation, lost markets, and higher costs for growers. The WTO disputes highlight the fragile balance between trade policy, farm exports, and input supply chains.
FarmHER Kate Hitchcock joined us on the Market Day Report to discuss the upcoming episode of the show where Kirbe and the crew visit her family’s produce operation in California’s Salinas Valley, which premieres tomorrow, Sept. 24 at 9 PM ET only on RFD-TV.
September 23, 2024 02:01 PM
·
The FarmHER crew catches up with fifth-generation California sweet baby broccoli producer Kate Hitchcock and her team in the middle of the harvest season in the Salinas Valley.
September 18, 2024 12:05 PM
·
RFD-TV ag legal expert Roger McEowen examines common issues facing farmers, ranchers, and rural landowners: SAF fuel, R&D credit, drones, and cleaning fencerows.
September 17, 2024 12:15 PM
·
Let’s meet FarmHER Katie Hitchcock, a Salinas Valley, Calif.-based sweet baby broccoli producer. She stars in an episode of the FarmHER, which returns to RFD-TV this September.
August 27, 2024 04:09 PM
·
In today’s Firm to Farm blog post, RFD-TV ag law expert Roger McEowen briefly examines several of the issues that farmers and ranchers face.
August 08, 2024 12:24 PM
·
