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Shining Light on Farm & Food Policy for 20 Years.
Thursday, March 27, 2025
The European Union and Canada on Wednesday retaliated against new U.S. tariffs on steel and aluminum products, with the European Commission proposing measures covering a raft of agricultural imports.
China retaliated against U.S. agricultural exports this week, but plenty in the agricultural community continue to see the merits in President Donald Trump’s trade agenda and are willing to accept the short-term sting.
President Donald Trump postponed tariffs for products arriving from Mexico and Canada that are covered by a North American trade pact by a month, while lowering the duty to be applied to potash imports.
China slaps new tariffs on a raft of U.S. agriculture and food exports following new duties. Canada implements the first step of its two-step retaliation plan, while Lutnick teases a potential deal with the U.S.' neighbors.
President Donald Trump adjusted tariffs imposed during his first term to end exemptions on U.S. steel imports and raise duties on aluminum imports to 25%.
President Donald Trump wielded emergency powers in a novel way to impose tariffs on China this week and threaten Canada and Mexico with future duties. For now, Republicans in Congress are happy to give the president wide discretion to use emergency powers as he sees fit.
Farm groups warned senators Wednesday that the industry is facing an increasingly uncertain policy environment – with trade, immigration, tax policy and funding questions weighing on U.S. farmers – adding to the many long-running economic challenges.
President Donald Trump may have put Canadian and Mexican tariffs on ice, but import-dependent industries serving farmers are still feeling some tariff whiplash and face new duties on China.
The Chinese Ministry of Finance unveiled its response to new U.S. duties that went into effect Tuesday morning, announcing new tariffs beginning next week on agriculture machinery, but leaving soybeans and other agricultural commodities unaffected.