NASHVILLE, TN – U.S. trade policy continues to shift rapidly, with new tariffs and international negotiations making headlines. A major new deal with Indonesia will boost U.S. ag exports to the country to $4.5 billion, well above recent averages. In return, Indonesia will face 19% duties but gain access to American energy and aircraft.
Meanwhile, Mexico is warning of possible retaliation against U.S. ag goods if new tomato tariffs aren’t reversed before August. President Sheinbaum said she remains hopeful a resolution can be reached. Brazil’s beef industry is also reconsidering exports to the U.S. following the imposition of 50% tariffs.
Tariff threats also loom over Canada, the EU, and other key partners, with duties as high as 35% set to activate August 1st unless deals are struck. Talks with China are progressing ahead of a separate August 12 deadline, while negotiations with India, Japan, and South Korea remain stuck.
Officials say enforcement will remain strict unless better market access and reciprocity are secured. With global agricultural trade in flux, producers and exporters alike are bracing for a volatile second half of 2025.