Starting Friday, the U.S. will impose tariffs on imports of steel and aluminum from Canada, Mexico and the European Union. Exemptions were given earlier this year but expire Thursday night. The decision will likely result in retaliation against U.S. products.
American Soybean Association CEO Ryan Findlay says at the end of the day, any barrier or disruption to trade will have a negative impact on farmers. “Our hope is that if there is any disruption that would be minimal.” Findlay isn’t sure if these tariffs provide insight into the North American Free Trade Agreement discussions. “We need to do our best to keep the flow of goods open.”