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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
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 #25."
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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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...
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 #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...
US-EU Trade Announcement: Markets Open to American Food and Beverage Producers
As of July 27, the United States and the European Union reached a trade agreement: The US will charge a 15% tariff on all imports across-the-board (including sector-specific rates like those on autos) from the coalition of countries, according to a joint announcement between US President Trump and European Commission President von der Leyen.
The trade deal will contain agreements whereby the EU will purchase $750 billion in energy from the US, invest an additional $600 billion into the US, open markets to...
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...
Trump Signs Landmark US-Japan Trade Deal, Slashes Tariffs to 15%
United States President Donald Trump announced this week that he had signed what he described as “perhaps the largest deal ever made” with Japan, aimed at reshaping trade relations between the two countries. The agreement sets a new 15% tariff rate on all Japanese products imported into the US, a notable decrease from the 25% rate imposed earlier this month, as Expana reported.
According to President Trump, the deal is expected to create hundreds of jobs in the United States and will require Japan to open its markets further...
US-Philippines Trade Relations Televised; 19% Tariff Rate Reached
On July 22, US President Trump participated in a bilateral meeting with Philippines President Ferdinand Marcos Jr.
“... We concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs,” wrote President Trump on Truth Social after the meeting. “The Philippines will pay a 19% Tariff. In addition, we will work together Militarily. It was a Great Honor to be with the President. He is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator..."
US Tariffs on Brazilian Imports Spark Cross-Commodity Concerns
On July 9, US President Donald Trump moved to raise tariffs on Brazilian imports to 50% starting August 1—up sharply from the 10% rate imposed in early April—sparking concerns in global markets, with potential ripple effects across commodities like orange juice, beef, coffee, sugar, and seafood.
These trade measures are raising alarms in export-dependent sectors and among US importers, with market participants saying the implications could be wide-ranging.
Brazilian President Luiz Inácio Lula da Silva said the country would respond to the newly announced tariff...
Trump Announces 30% Tariffs on EU and Mexico as Trade Tensions Persist
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.
On July 11, Trump formally notified the leaders of both trading partners about the new rates via letters.
In response, the European Union announced yesterday that it will extend its suspension of retaliatory measures against U.S. tariffs until early August, signaling a willingness to continue negotiations with the Trump administration in hopes of reaching a new trade agreement...
Trump Letters Reveal August 1 Tariff Rates for Key US Trading Partners
The Trump administration was busy after the Fourth of July holiday, as the President sent out a litany of letters to US trading partners revealing what their tariff rate would be starting on August 1.
Over the weekend, President Donald Trump and members of the administration announced that letters would begin rolling out showcasing new tariff rates for countries. The letters came at a rapid pace on Monday afternoon, with messages dispatched to the leaders of Japan, South Korea and South Africa, to name a few...
Tariff Talks 2025: Expana's Weekly Rundown #17
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #17."
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...
This week, reciprocal tariffs were re-announced in the form of letters from the US Trump administration to trading partners who could not reach a trade deal within the previously granted 90-day pause...
Trump Tariff Letters Continue to Roll Out; Philippines Faces 20% Tariff
President Trump has sent a new batch of letters to several countries, including the Philippines, notifying them of new US tariff rates set to take effect on August 1, giving them a short window to renegotiate trade terms before the deadline.
On July 8, Trump stated that a minimum of seven countries would be released, with an additional group to be released in the afternoon.
Despite multiple tariff implementation delays already, Trump was steadfast and set August 1 as a hard deadline in a social media...
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...
US Pushes Tariff Deadline to August, Trump Administration Expects Surge in Deals
President Donald Trump said on July 6 that the US is nearing several new trade deals and that letters will be sent to trading partners by July 9, warning of increased tariffs set to take effect on August 1.
The move effectively extends the administration’s trade deadline from July 9 to August 1, giving Trump more time to finalize agreements. So far, the U.S. has signed just two deals—one with the United Kingdom and another with Vietnam, as Expana reported last week...
Tariff Talks 2025: Expana's Weekly Rundown #16
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #16."
FEATURED STORIES
ANALYSIS: How Brazil’s Beef Trade Adjusts to US Tariffs So Far
ANALYSIS: July Broiler Exports, Seasonal Surge Outpaces the Norm
ANALYSIS: Avian Influenza and Aging Infrastructure Tightens UK Chicken Supply
ANALYSIS: US Turkey Exports See Modest July Uptick Amid Global HPAI Disruptions and Trade Shifts
ANALYSIS: High Cattle Prices Drive Dynamics in the Boxed Beef Market