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.
