Today, Canada announced retaliatory tariffs on 700 products exported from the U.S., aiming to match “dollar for dollar” the duties imposed on Canada. They will take effect on 8 September (see the complete list here).
50 percent tariffs: steel, aluminum, furniture, clothing, video game consoles and smartphones 25 percent tariffs: cheese, household appliances and selected seafood products 15 percent tariffs: farm machinery, electronics and tools
Canada said it was focusing its retaliation on products “most affected by U.S. tariffs.” The rates are set at a level that the government said would match U.S. tariffs on goods targeted in Washington’s latest round, as well as products covered by previously imposed sect...
What You Need to Know Today: U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved marke...
The U.S. will observe Labor Day on Monday, 7 September. U.S. markets and the WPI office will be closed that day. The next edition of Ag Perspectives will be published Tuesday, 8 September...
Key Takeaways: Drought and changes to the multi-year trend in cow slaughter and retention have the potential to dramatically alter beef trim supplies and pricing, and WPI specifically models three different drought scenarios for fall 2026. Based on our models, WPI expects 90 percent lean...
