Farms.com Home   News

CUSMA Review Raises Concerns Over Potential U.S. Tariffs on Canadian Pork

As the first formal review of the Canada-United States-Mexico Agreement (CUSMA) approaches in July, pork producers across North America are bracing for potential impacts—especially the possibility of new U.S. tariffs on Canadian agriculture.

Florian Possberg, Partner at Polar Pork Farms, says the U.S. political landscape is shaping expectations. He notes that U.S. President Donald Trump has repeatedly pushed for a baseline 15% tariff on foreign goods in recent global trade discussions. If that approach carries into the CUSMA renegotiation, it could disrupt one of the pork sector’s most critical trade corridors.

Free Trade Has Been Essential for Pork Movement
Possberg emphasizes that under CUSMA, both live hogs and processed pork products have flowed freely across borders without tariffs. This freedom is especially important given the highly integrated nature of North America’s pork supply chain.

The best-case scenario, he adds, is that tariff-free access continues unchanged.
The worst case? A 15% tariff that would make cross-border pork trade economically impossible.

A 15% Tariff Would Be a Non-Starter
Possberg is blunt: the sector does not have the margin to absorb such a hit.

Click here to see more...

Trending Video

Leman: Trade, tariffs and global competition on the future of US pork production

Video: Leman: Trade, tariffs and global competition on the future of US pork production

Bill Moore, Chief Risk Officer at Compeer Financial, was recently interviewed by The Pig Site's Sarah Mikesell in St. Paul, Minnesota, USA, at the Leman Swine Conference. He discusses how the changing economic landscape, including tariffs and trade, is affecting the US pork industry and agriculture.