Trade
Of all the directions President Trump could have gone on “Liberation Day,” Canadian Shaun Haney says it was a real win for Canada and a step closer to Canada, Mexico and the U.S. being more entrenched than ever before when it comes to trade.
Farmers and farm groups have mixed reactions and lingering questions following President Trump’s announcement of sweeping reciprocal tariffs. Will farmers receive aid to offset tariff impact? How will U.S. trading partners react?
According to new estimates from the Yale Budget Lab, the tariffs would translate into a 2.3 percentage point increase to overall inflation this year, or about a $3,800 impact for the average household.
In a Wednesday morning press conference, ahead of Trump announcing his global tariff plan, Sheinbaum says Mexico will “announce a comprehensive program, not a tit for tat on tariffs,” but added, “we have a plan to strengthen the economy under any circumstance.”
The downturn in the ag economy has everyone from farmers and ag lenders to even ag economists concerned. Waning optimism is an overriding theme for the row crop side of agriculture, yet some farmers hope President Donald Trump’s tough stance on trade can get the ag economy back on track longer-term.
The nation’s largest milk-producing state, home to 1.71 million milk cows, is navigating a series of challenges that add layers of complexity, costs and concerns for producers.
Continued good demand into 2025/26 is likely as any positive tariff results wouldn’t end in one year — potentially sustaining the corn bull market.
Canadian farmers are on edge as the latest trade war could impact the crops they grow as well as the inputs they need to plant a crop this spring.
The President’s Executive Order is being seen a step toward the U.S. being able to produce more of its own potash, which is said to be available but not mined due to regulatory impediments.
The senior senator from Iowa wants E15 approved for year-round use, fair and tariff-free trade, plus more action and a lot less talk regarding tax cuts and budget reconciliation efforts in the Senate.