Canada hits US beef industry with new tariffs in retaliation against trade policies

The U.S. beef industry took a direct hit this past week when Canada announced its intentions to retaliate against U.S. tariffs placed on steel and aluminum imports, with its own set of tariffs targeting US beef products. Jim Robb of the Livestock Marketing Information Center remarked in a recent Beef Buzz interview with Ron Hays that this development adds another layer of worry and uncertainty to onto an already tense global market, reeling from the tremors of a mounting trade war instigated by the United States. Read more…