Tariffs threaten trade upheavals in North American beef industry
The imposition of 25 per cent tariffs on Canadian and Mexican exports to the U.S., and retaliatory tariffs by the two countries, are likely to cause significant trade upheavals throughout North America until they are removed. The U.S., as previously announced, imposed its tariffs on March 3 after delaying its move for 30 days. The assumption in early March was that the tariffs would apply to all exports, including cattle and beef from the two countries.