USA: The announcement of high tariffs on Canadian products is affecting the price of rapeseed

Donald Trump, the US president-elect, announced on Monday, November 25, that he plans to introduce tariffs on the three largest trading partners of the United States. These are Canada, Mexico and China. How will this affect the markets? We remind you that Trump is to take office on January 20, 2025. He announced that he will impose a 25 percent tariff on all products from Canada and Mexico until these countries block drug imports, especially the big problem in the United States, i.e. fentanyl. As well as excessive migration. In turn, in the case of China, according to Reuters, Trump presented "an additional 10 percent tariff, above and beyond any additional tariffs". These actions have an impact on agricultural markets This information has already had an impact on stock exchange quotations. From this point of view, Canada is important. This concerns rapeseed and fertilizers. In the case of the former, the stock exchange has seen very large declines in recent days. The case is ...