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Latest Tariff Updates

Season 2 Episode 72 Published 1 year, 1 month ago
Description

It’s the Ranch It Up Radio Show Herd It Here Weekly Report!  A 3-minute look at cattle markets, reports, news info, or anything that has to do with those of us who live at the end of dirt roads.  Join Jeff 'Tigger' Erhardt, the Boss Lady Rebecca Wanner aka 'BEC' by subscribing on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel.

EPISODE 72 DETAILS

Latest Tariff Updates Tariff Updates:  European Union

The European Union announced plans for tariffs on $28.3 billion worth of U.S. goods in response to the 25% tariff on steel and aluminum imports that the U.S. imposed on Wednesday.

The counter-tariffs are seen as strategically calculated to deliver a blow to the economies of those U.S. states that have been most supportive of President Trump, and include tariffs on beef and poultry products. Other items on the list include bourbon, motorcycles, peanut butter and jeans. The EU tariffs would be expected to go into effect beginning mid-April, according to a report by Bloomberg.

At the same time, EU leadership indicated that it is open to further negotiations.

“The disruption caused by tariffs is avoidable if the US administration accepts our extended hand and works with us to strike a deal,” EU trade chief Maros Sefcovic was quoted by Bloomberg as saying.

European Commission President Ursula von der Leyen said at the same press conference, “We firmly believe that in a world fraught with geo-economic and political uncertainties, it is not in our common interest to burden our economies with such tariffs.”

Meanwhile, Canada is due to impose, on Thursday, 25% reciprocal tariffs on steel and aluminum products and other U.S. goods that the country imports from the United States.

Upcoming Bull & Heifer Sales On RanchChannel.Com

Lot’s of bull and heifer sales coming up on the RanchChannel.Com sale calendar.  Eichacker Simmentals & JK Angus, Fast/Dohrmann/Strommen Angus and Leland/Koester Red Angus are all the upcoming sales.  Check out the full line up HERE.

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