#agricultural-tariffs

#agricultural-tariffs

The World Bank's recent report argues that government intervention, when done right, can actually be an essential ingredient of economic success, reversing decades of opposition to industrial policy.

Barry Cowen expresses regret over his dismissal from the Agriculture Minister position six years ago, acknowledging that both he and his party have learned valuable lessons from that experience.

"They're choking us. We are getting choked out here. This is not going to end well." - Dave O'Brien, expressing frustration over the impact of current policies on farmers.

Australia and the EU are on the brink of striking a long sought after free trade agreement, with both sides talking up significant progress during talks in Brussels overnight. Ahead of a planned visit to Australia by European Commission president Ursula von der Leyen, due within months, a joint statement issued after the latest talks attended by the trade minister, Don Farrell, signalled major progress. The two sides said they had been able to converge on key differences which have dogged the deal for years.

The European Commission will "proceed with [the] provisional application" of the Mercosur trade deal with Argentina, Brazil, Paraguay and Uruguay, the commission's chief Ursula von der Leyen announced on Friday. The deal was signed in January after over 25 years of negotiations, despite opposition from some European farmers.

For the European Commission president, Ursula von der Leyen, the EU's trade pact with India was the mother of all deals. Seen from the other end of the telescope, it looked like the mouse of all deals, with just 4bn (3.5bn) in tariff reductions a rounding error in a 180bn trading relationship. But that misses the point: this is about economic heavyweights resetting the terms of their cooperation because of Donald Trump's use of tariffs as a tool of economic and political compulsion.

This literally could not be happening at a worse time. The conflict in the Middle East is choking global supplies of fertilizer right before the crucial spring planting season, affecting American farmers already squeezed for months by tariff wars and threatening the global supply chain of essential agricultural inputs.

Less than a year after President Donald Trump heralded "Liberation Day," his dream of a new trade order has been all but snuffed out. The Supreme Court declared on Friday that the legal basis for Trump's unilateral "emergency" tariffs was wholly unlawful and unconstitutional. The economic sanctions law he drew upon, 1977's International Emergency Economic Powers Act, does not allow the president to unilaterally determine new charges on foreign goods-and the Constitution holds that Congress is the main arbiter of American trade.

Welcome and thanks for tuning in to this mid-week edition of RealAg Radio with your host, Shaun Haney! On today's show, Haney is joined by: Scott Moe, Premier of Saskatchewan, to discuss China tariff relief, U.S. trade, and cuts to AAFC; Norm Sutherland of Syngenta Canada for a spotlight interview; Susan Stroud of No Bull Ag to break down 45Z and whether Canada could see a RIN discount;

Forty U.S. farm and agricultural groups have launched the Agricultural Coalition for the United-States-Mexico-Canda Agreement, underscoring the accord's vital role as an economic engine for the U.S. farm economy and calling for its renewal with targeted improvements. The group calls the USMCA (CUSMA in Canada) one of "(U.S.) President Trump's signature achievements and one that has significantly propelled the ag economy," according to Bryan Goodman, a spokesperson for the new group.