Articles tagged under: tariff

Chinese Retaliation

Published March 10, 2025

China’s new tariffs on U.S. agricultural products take effect today. Soybeans, beef, dairy and pork products face an additional ten percent tariff. Wheat and corn are among the commodities with a 15 percent tariff. The retaliatory tariffs are designed to…

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What’s Hot, What’s Not in Markets

Published March 10, 2025

In this week's edition of What's Hot, What's Not in Markets, Martinson Ag Risk Management President Randy Martinson says live cattle and feeder cattle futures continue to be the 'hot market.' "We're seeing a good push in the cattle markets…

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Tariff Policy Takes Another Turn

Published March 9, 2025

On Thursday, President Trump announced a 30-day pause on all tariffs to Canada and Mexico. A day later, Trump made another change in the tariff policy. “Canada has been ripping us off for years on lumber and dairy products; 250…

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‘America is Back’

Published March 5, 2025

With that simple message, President Donald Trump kicked off his speech to a joint session of Congress. Trump went on to address tax cuts, energy and the border. Tariffs were also part of the speech. Trump said his trade policy…

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Short Term Disruptions for Long Term Success

Published February 26, 2025

North Dakota Senator John Hoeven acknowledged the uncertainty facing farmers over tariffs but emphasized the importance of market access and fair trade. "President Trump's goal is to get us more access to markets on a fairer basis and that's a…

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MFU Voices Opposition to New Tariffs

Published February 10, 2025

Minnesota Farmers Union President Gary Wertish is opposed to across-the-board tariffs. Wertish said farmers haven’t fully recovered from the tariffs imposed during the first Trump administration and it creates uncertainty in the marketplace.

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Short-Term Pain

Published February 3, 2025

Beginning tomorrow, the United States is implementing a 25 percent tariff on products from Canada and Mexico and a ten percent tariff on Chinese imports. These countries are all planning to retaliate immediately. "We may have, short-term, a little pain and…

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What’s Hot, What’s Not in the Markets

Published February 3, 2025

In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson continues to point to cattle as the 'hot' commodity. The cattle market was cautious at the end of last week due…

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Canadian Cattle Association Criticizes Proposed Tariff

Published January 22, 2025

President Trump announced he may impose a 25 percent tariff on Canada and Mexico by February 1. An order was also signed to review U.S. trade deficits and the USMCA. Nathan Phinney, president, Canadian Cattle Association, called the proposal "a…

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Canada Promises ‘Robust’ Tariff Response

Published January 18, 2025

According to Canadian Prime Minister Justin Trudeau, the Trump Administration’s proposed 25 percent tariff on Canadian products will put American jobs at risk. Trudeau, who has announced his intention to step down, sent a message south of the border. "If indeed,…

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