Tuesday, March 4, 2025

Trump tells farmers to ramp up production


 

United States President Donald Trump told farmers to ramp up production because his tariffs will reduce imports and generate increased domestic demand.


But as soon as his 25 per cent tariffs on everything from Canada and Mexico and 10 per cent from China took effect, trading partners fought back with tariffs on U.S. foods, including China taking aim at chicken, pork and farm machinery and Canada on produce.


Trump posted on his Truth Social platform: “To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on external product on April 2nd. Have fun!”


Trump has threatened tariffs on a range of products and companies since taking office, including reciprocal tariffs to match those of other nations that could go into effect on April 2.


For decades, Trump has complained that other countries do not practice fair trade, saying countries such as China and members of the European Union do not accept U.S. products, including agricultural products.