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Navigating the Trump Tariff Turbulence: A Comprehensive Timeline
US President Donald Trump and his administration have paused reciprocal tariffs on most countries.
“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET.
It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...
Tariff Talks 2025: Expana’s Weekly Rundown #30
Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.
Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #30."
This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.
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On October 7, US President Trump and Canadian Prime Minister Carney met in the White House. The possibility a US-Canadian trade deal was a main topic of discussion...
Tariff Talks 2025: Expana's Weekly Rundown #29
Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #29."
On September 29, the US placed 50% tariffs on imports of timber, lumber, and their derivative products, according to the US Presidential Action.
Also starting October 1, the US will be imposing 100%...
Secretary Rollins Speaks on State of Farm Economy; Announces Suite of Actions to Support Farmers
Today, in Kansas City at the Agriculture Outlook Forum, U.S. Secretary of Agriculture Brooke L. Rollins spoke on the current state of the farm economy in the United States and addressed the ways President Trump is supporting American agriculture. U.S. farm production inputs are significantly more costly than four years ago, putting pressure on farmers’ bottom line. Between 2020 and now, seed expenses have increased 18%, fuel and oil expenses increased 32%, fertilizer expenses increased 37%, and interest expenses increased by a whopping...
Tariff Talks 2025: Expana's Weekly Rundown #28
Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #28."
On Tuesday in New York, US President Trump gave remarks to the United Nations General Assembly, via the White House live stream...
Trade, Debt and Demographics Shape Next Era of Agricultural Policy – Agri-Food Americas 2025
Dr. David Kohl, Professor Emeritus in the Department of Agriculture and Applied Economics at Virginia Tech, offered a broad forecast for the agricultural and food sectors, describing a “bifurcated” global economy and outlining megatrends expected to shape farming, trade, and policy through 2035. The remarks were delivered at Expana’s Agri-Food Americas 2025 conference in Chicago today.
Dr. Kohl framed the global economy as divided, with the US performing relatively well, while much of the rest of the world grapples with slower activity.
Geopolitics, Tariffs, and Trade Policies Under the Lens at Agri-Food Americas 2025
Speaking at Agri-Food Americas 2025 in Chicago today, a panel of agricultural economists and policy advocates examined how geopolitical uncertainty, tariffs and trade policies are shaping the food and agriculture sector, focusing on events of the past six months and strategies for navigating ongoing volatility.
The panel featured Darrell E. Fletcher, Managing Director of Commodities at Bannockburn Capital Markets; Fred Gale, economist for China agricultural markets and former USDA economist; Greyson Mann, Senior Manager of Government Affairs for the US-China Business Council; and Shawn Arita
Strong July for Pork Exports; Another Slow Month for Beef
July exports of U.S. pork were slightly below last year but accounted for a larger share of production, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Market access obstacles continued to weigh heavily on exports of U.S. beef, with the vast majority of plants still ineligible to ship to China.
Pork exports totaled 238,922 metric tons (mt), down just 1% from a year ago, while value fell 4% to $680.9 million, largely reflecting the 10% decline in pork variety meat prices due to China’s tariffs...
Tariff Talks 2025: Expana's Weekly Rundown #27
Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #27."
US tariff revenue may be used to fund the nation’s farmers, reported Reuters about an interview between Agriculture Secretary Rollins and the Financial Times...
Canada Unveils CAD 5 Billion Rescue Plan to Help Agriculture, Other Sectors Weather US Tariffs
Canadian Prime Minister Mark Carney on Sept. 5 unveiled a CAD 5 billion ($3.6 billion) support package and a suite of trade and industrial measures, including a "Buy Canadian" procurement policy, CAD 1 billion in expanded SME lending and CAD 75 million for AgriMarketing, aimed at shielding farmers, fishers and other sectors hit by new US tariffs while reskilling 50,000 workers for a more resilient domestic economy.
The agricultural and seafood industries landed in the spotlight. The federal government announced...
US Implements Japanese Trade Deal; 15% Tariffs, Billions in Investments, Ag Purchases
Later on September 4, the US implemented a previously announced trade deal with Japan–setting a 15% baseline tariff on almost all Japanese goods imported to the US, according to a White House statement about a presidential order. This comes almost a week after tariffs were again disputed in the US judicial system.
The now-implemented deal also created sector-specific carve-outs and outlined commitments on both sides that will affect demand for US agricultural commodities and beyond (namely, for US rice).
Plus, the order carves...
Tariff Talks 2025: Expana's Weekly Rundown #25
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #25."
In the States, a federal appeals court ruled that US President Trump’s use of global tariffs exceeded presidential authority, but they remain active until at least October 14, 2025...
NCBA Testifies at Trade Hearing Investigation on Brazil
Urges US Trade Officials to Hold Brazil Accountable for Unfair Practices
National Cattlemen’s Beef Association (NCBA) Executive Director of Government Affairs Kent Bacus testified at a Section 301 investigation hearing regarding Brazil’s trade practices. The hearing, convened by the Office of the U.S. Trade Representative and held at the U.S. International Trade Commission, examined the Brazilian government’s trade policies and actions for unreasonable, discriminatory harm to U.S. commerce. NCBA focused attention on Brazil’s restrictions on U.S. beef and our long-standing concerns with the...
Tariff Talks 2025: Expana's Weekly Rundown #24
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #24."
On August 22, Canadian Prime Minister Carney dropped most retaliatory tariffs on US products, beginning September 1, reported Expana in an article that suggested the move may help soothe trade relations...
Trump Announces US-Indonesia Trade Agreement; New Details Emerge
UPDATE: July 22, 2025 4:37 PM ET
This afternoon, US President Trump posted to Truth Social after revealing a similar 19% trade deal with the Philippines, reported Expana.
"It is my Great Honor to announce our Trade Agreement with the Republic of Indonesia, as represented by their Highly Respected President, Prabowo Subianto. It is agreed that Indonesia will be Open Market to American Industrial and Tech Products, and Agricultural Goods, by eliminating 99% of their Tariff Barriers. The United States of America will now sell American Made products to Indonesia..."
Canada Drops Most Retaliatory Tariffs on US Goods
Canadian Prime Minister Mark Carney announced on August 22 that Canada will drop most retaliatory tariffs on US products, with the changes taking effect September 1. Carney clarified during a press conference that tariffs on US autos, steel, and aluminum will remain for now, but asserted that Canada now holds the best trade deal of all US trading partners.
Under the new policy, tariffs on US goods will be lifted if the products are exempt under the United States-Mexico-Canada Agreement (USMCA)...
Tariff Talks 2025: Expana's Weekly Rundown #23
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #23."
This week, tariff news took a bit of a backseat to US President Trump’s dealings with Russian President Putin in Alaska—along with President Trump’s meeting with many European leaders...
Tariff Talks 2025: Expana's Weekly Rundown #22
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #22."
The timeline for tariff negotiations between the US and China trade teams has been extended for another 90 days—moving the deadline to November 10, according to a White House fact sheet...
Trump Signs Sweeping Executive Order Revamping US Tariff Rates; 15% Floor for Deficit Nations
President Donald Trump signed an executive order on July 31, unveiling a massive overhaul of US tariff policy, introducing a series of new import rates for US trading partners (find the full rate list below).
Under the new plan, countries with which the US has a trade deficit will face a minimum 15% tariff, affecting more than 30 nations. Meanwhile, the administration’s existing 10% “universal” tariff will remain in place for countries where US exports exceed imports...
Trump Announces August 1 Tariffs — Here's the Complete List
UPDATE July 22, 2025: US President Trump States 19% for the Philippines, Indonesia
After a press conference with the President of the Philippines, Trump confirmed the 19% rates for the Philippines and Indonesia, when he posted to Truth Social.
UPDATE July 14, 2025: EU, Mexico Slapped with 30% Tariffs
President Donald Trump has expanded his administration’s tariff policy, targeting the European Union and Mexico with newly announced 30% tariffs on all products imported into the United States. Read Expana's coverage here.
UPDATE: July 10, 2025
President Trump imposed a 35% tariff...
US to Impose 25% Tariff on Japanese and Korean Imports Starting August 1
President Donald Trump's tariff letters are being rolled out, with Korea and Japan at the forefront. In identical letters released on July 7, the administration announced that both countries will face a 25% tariff on all goods imported into the United States, effective August 1.
In identical letters sent to the leaders of both countries, Trump declared that the US would impose the tariffs “on any and all Korean (Japanese) products sent into the US,” including goods transshipped through third countries in an attempt to bypass the...
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