Potential U.S. Tariffs in 2025 feat. Travis Toews

In this episode of The Farmland Exchange Podcast, host Devon Davidson is joined by Roy Carter, CEO of CLHbid.com, Bridget Hennigar, COO of CLHbid.com; and special guest Travis Toews, former Finance Minister for Alberta and past President of the Canadian Cattle Commission. Together, they dive into the implications of the potential U.S. tariffs and Canada’s reciprocal duties on $30 billion of U.S. goods, focusing on the impact for Canadian farmers and the broader agriculture industry.

Key Highlights:

• Canada's Countermove: Analysis of the newly implemented reciprocal duties targeting U.S. goods, emphasizing products that Canada produces domestically.
• Cattle Industry Concerns: With over 800,000 head of live cattle exported to the U.S. annually, the sector faces significant vulnerability. Travis Toews shares insights on how Canadian ranchers can navigate this challenge.
• Price Pressures Ahead: Exploring projections that live cattle prices may need to drop 15-25% before U.S. packers bear the tariff costs and what this means for Canadian producers.
• Processing Capacity Limits: A look at Canada's limited packing capacity and the feasibility of processing more cattle domestically.
• Consumer Patriotism’s Role: Drawing parallels to the BSE crisis, the discussion covers how a rising "Team Canada" sentiment could bolster domestic demand and mitigate some of the impacts.
• Path to Resolution: Analyzing the potential for a quicker end to the trade dispute if American consumers and businesses start to feel the economic sting.

Tune in for an in-depth conversation on the resilience of Canadian agriculture and the strategic moves needed to weather the latest trade storm with the United States. 

📺 Watch On YouTube | Ep. 04 - Potential U.S. Tariffs in 2025

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