Canada’s agriculture industry is facing uncertainty as 25 percent tariffs kick in on both sides of the Canada-U.S. border, while some farmers lament that not enough action was taken in the past to put the country in a better position to weather such a development.
On Feb. 1, U.S. President Donald Trump announced a 25 percent tariff on Canadian imports, lowered to 10 percent on energy products, effective Feb. 4. In retaliation, Prime Minister Justin Trudeau announced reciprocal tariffs on $155 billion worth of U.S. imports. Both could have substantial impacts on Canada’s agriculture industry.
Gunter Jochum, a Manitoba farmer and president of the Western Canadian Wheat Growers Association, says producers can expect “a struggle this year for sure” even if the exact implications for their operations are unclear….