Whether it’s on electric vehicles or pea protein imports or as a pledge ahead of the next election, tariffs are back in the spotlight in many Western countries, including the United States.
The Biden administration’s decision to impose high tariffs on Chinese-made EVs is in line with past decisions by the Trump administration, although the former president is considering imposing a flat 10% tariff on imports if he returns to the White House this fall.
As U.S. tariffs increase, questions arise about how Canada and Mexico will respond and what impact that could have on North American trade protections as the CUSMA/USMCA agreement comes up for review in two years. In this interview, RealAgriculture’s Sean Haney discusses this with Pro Farmer’s DC policy analyst Jim Wiesmeyer.
For example, the U.S. is under increasing pressure to follow Canada on tariffs on EVs because it doesn’t want Canada to become a back door into the North American market. A similar scenario is playing out with pea protein, with the U.S. implementing tariffs and Canadian regulators now investigating allegations of dumping.
In this interview, which originally aired on RealAg Radio, Wiesmeyer and Haney discussed this tariff-ridden world and what it means for North American agriculture.
Related: What should Canada do to minimize the damage caused by rising protectionism around the world?
subscribe: Apple Podcasts | Spotify | | All Podcasts
