Canadian pork producers brace for Trump’s February 1 target for US tariffs

게시됨 2025년 1월 29일

Tridge 요약

Canadian pork producers are worried about a possible 25% tariff on Canadian goods imported to the US, as President Trump aims to address illegal immigration and fentanyl trafficking. This tariff could heavily impact Manitoba pig farmers, who rely on the US for 40% of their exports. The North American pork supply chain's integration means tariffs could disrupt cross-border trade, including feed ingredients. Canada may retaliate with tariffs on US pork and other goods, affecting supply chains like potash exports vital for US agriculture. Alberta Premier Danielle Smith is negotiating to avoid tariffs, using Alberta's energy supply as leverage, while Canadian Prime Minister Trudeau has suspended parliament and plans to resign, underscoring tensions in US-Canada trade relations.
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원본 콘텐츠

With the threat of a 25% tariff on all imported Canadian goods on 1 February, Canadian pork producers who ship pigs across the southern border are feeling stressed. President Trump has threatened tariffs as a way to ensure the federal and provincial governments in Canada curb illegal immigration and fentanyl trafficking into his country. Manitoba pig farmers are especially concerned, as 40% of production in that province – about 3 million of the 8 million pigs finished annually – is exported to the US. Manitoba Pork Chair Rick Préjet stated recently that tariffs “could have a very significant impact on what farmers and producers in Manitoba receive” for exported pigs. In his mind, if tariffs are applied, it will be a question of “how badly” a given Manitoba producer needs to ship pigs to stay afloat, and how much desire there will be among Americans to buy these more-expensive pigs. “Where is that going to settle out?” Préjet asks. “That is a huge unknown.” The North American ...

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