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Shining Light on Farm & Food Policy for 20 Years.
Sunday, March 30, 2025
The Trump administration’s insistence that Canada agree to add a five-year sunset clause to the North American Free Trade Agreement dashed the potential for a high-level meeting in Washington that could have resulted in a final deal, Canadian Prime Minister Justin Trudeau said on Thursday.
President Donald Trump announced today the U.S. is hitting Canada, Mexico and the European Union with steel and aluminum tariffs, putting the fate of the North American Free Trade Agreement into further uncertainty and exposing U.S. farmers and ranchers to retaliation.
Until recently, the top negotiators for the U.S., Mexico and Canada were working “intensely” to finish up a deal for a new North American Free Trade Agreement, but activity has dwindled to a near standstill and pessimism has replaced those high hopes for a speedy conclusion.
The fate of the North American Free Trade Agreement remains uncertain and a trade war with China continues to loom heavy over rural America, but the long-term forecast for U.S. soybean exports remains bullish, propped up by optimistic forecasts from the USDA.
You won’t find any tourists in the muddy, mosquito-ridden town of Barcarena in Brazil’s state of Pará, but you can’t miss the almost constant parade of trucks pulling in and out of port facilities under the scorching sun or torrential rainfall on the country’s northern coast.
Prospects for U.S. farm exports can change suddenly and dramatically. Breaking into foreign markets takes decades of persistent hard work and hefty investments in building infrastructure, relationships and, ultimately, sales.
Waivers that refiners obtained from EPA eliminated demand for 1.12 billion gallons of ethanol last year, undermining requirements of the Renewable Fuel Standard, says Agriculture Secretary Sonny Perdue.
President Donald Trump, to say the least, has American farmers and ranchers variously worried and bewildered about his intentions and the direction of U.S. trade policy.
USDA chief Sonny Perdue today came out in support of President Donald Trump’s trade policy tactics in proposing steep tariffs on steel and aluminum imports, but also stressed that the U.S. ag sector is rightfully concerned that it could suffer from foreign retaliation.
