A Saskatchewan farmer says U.S. President Donald Trump's threat of 100 per cent tariffs is rattling already fragile grain markets, adding uncertainty for producers facing tight margins and volatile prices.

Young's Equipment sells farm tools and has had to navigate an uncertain business environment over the past year amid wildly fluctuating trade wars and tariffs between Canada, the U.S., China and India.

Premier Scott Moe slammed Trump's social media threat, saying the deal with China is good for Canada and the country must continue to work to maintain CUSMA because it is also good for North America.

On the Evan Bray Show, Heath MacDonald said Canada's biggest safeguard against tariffs is through trade diversification. "I think it's extremely important to continue to do that work," MacDonald said.

Rob Stone, a farmer near Davidson, says this year's acreage for his various crops is already set but he's impressed at how much got done during trade meetings between Canada and China this week.

The deal will see China will drop levies on canola seed down from 100 per cent to 15 per cent by the end of this year and drop tariffs on canola meal and peas from March until at least the end of 2026.

"Bringing this agreement to fruition is an example of how we can provide some certainty in a very uncertain world," Premier Scott Moe said during an appearance on the Evan Bray Show on Friday.

It marks the prime minister's first deal on trade with another country since taking office and a de-escalation in tensions with a country the Liberal government had branded a disruptive power.

"If Ottawa still chooses to subject its China policy to the will of Washington again in the future, it will only render its previous efforts to mend ties with Beijing in vain," the China Daily said.

Saskatchewan has borne the brunt of high Chinese tariffs on canola, peas and pork and Moe said on Monday the meetings will support the process of "recalibrating" how the two countries work together.

Sask Oilseeds and Agricultural Producers Association of Saskatchewan it will be watching closely for the outcomes of Mark Carney's meeting with Chinese politicians in relation to canola tariffs.

2025 was scary good for investors - scary because the U.S. stock market plunged several times on worries about tariffs, but it was a good year for anyone with the stomach to stick through the swings.

Next year will see what's likely to be a combative review of the Canada-U.S.-Mexico-Agreement on trade and a bitter midterm battle as Democrats try to take back control of Congress.

Scott Moe said we need to take these threats from Donald Trump seriously, but not to take everything he says literally. Moe also acknowledged the importance of working with the federal government.

Speaking to reporters on Monday, U.S. President Donald Trump said he may impose "very severe tariffs" on fertilizer from Canada in an effort meant to bolster America's domestic production.

Despite budgeting for a $12 million surplus when the fiscal year began, the province said it now expects a large deficit and pointed to expenses like wildfires, health care and pressures from tariffs.

Foreign Affairs Minister Anita Anand said the trade deal would include agriculture, which would be significant for Saskatchewan where growers are subject to Indian tariffs on yellow pea imports.

Carney "doesn't have a burning issue to speak with the president about right now," while a U.S. senator expresses concern that Canadians no longer think of Americans as their friends and neighbours.

Premier Scott Moe said he would like to see more regulatory reform included in the budget and the government to continue recent efforts to bolster Canada's positive reputation as a trading partner.

"It is imperative that the federal government act swiftly with India and China to find a solution that will avoid unnecessary hardship on Canadian producers and industry," the ministers said in their letter.

Ahead of Prime Minister Mark Carney's meeting with Chinese President Xi Jinping this week at the APEC forum, APAS Executive Director Dion McGrath said producers are looking for an end to tariffs.

Analyst Paul Martin said the U.S. president was likely engaging in bargaining tactics. "I think it's being perceived in Canada as the typical Donald Trump, passive-aggressive negotiating stance."

WATCH: See the ad that will screen during the World Series and cost the Ontario government about $75 million. It uses audio and video of U.S. President Ronald Reagan speaking about tariffs in 1987.

Journalist Kelly Malone said the move from President Donald Trump surprised her, since he had made comments earlier in the week about seeing the ad during a Blue Jays game and not appearing to be upset.

"We just finished harvest, but the bins are full and the marketplace is closed off. This is not a good situation for farmers right now," said SARM president Bill Huber.

Moe said a pipeline from Alberta to B.C.'s west coast could be a significant generational infrastructure project, and a chance for Canada to expand and diversify its economy away from the U.S.

Scott Moe and Evan Bray caught up on the trade issues that have dominated headlines in recent months, including China's tariff on canola and Canada's tariff on Chinese-made electric vehicles.

Sask Oilseeds chair Dean Roberts says while farmers appreciate the new $370 million production incentive, they feel the feds need to reach a resolution with China for canola trade tariffs.

China hit Canadian canola with a 75.8 per cent tariff in August, in a measure that was widely viewed as a response to Canada's 100 per cent tariff on Chinese-made electric vehicles.

Saskatchewan Premier Scott Moe is leading a trade mission to China, and Carney's office says Nova Scotia MP Kody Blois will join the three-day trip to "engage constructively with Chinese officials."

The drop in the cash price for canola has resulted in farmers losing at least $140 million in the last two weeks, one market expert says, as a result of Chinese tariffs on oil, meal and seed.

Kelvin Fellner owns Hugsy's Place in Martensville. He said lifting the tariffs will save money and time from doing paperwork. The removal of counter-tariffs on U.S. CUSMA-compliant goods is set for Sept. 1.

Sask. Trade Minister Warren Kaeding says Scott Moe will be meeting with trade and ag representatives in China who can understand the seriousness of the canola tariff issue and how it's affecting both sides.

Murad Al-Katib of AGT Foods Canada said that while countries like China and the United States are valuable trade partners it's important to diversify, and Canada should trade a lot more with India.

NDP's Carla Beck said there should be accountability to make sure the government is getting bang for the taxpayer's buck. Premier Scott Moe says the goal of his trip is to get Canada and China together.

Saskatchewan's agriculture manufacturers ship more than $4.2 billion worth of equipment to 148 countries each year, with nearly 80 per cent destined for the American market.

Saskatchewan Finance Minister Jim Reiter said the deficit is not huge percentage wise when looking at the province's $21 billion budget, but said it is still significant.

Shaun Haney, founder and CEO of RealAgriculture, joins the Evan Bray Show on Aug. 13 to break down what this recent anti-dumping tariff means for farmers and the industry and what the government needs to do to help.

Sales at duty-free stores have fallen between 40 and 50 per cent year-over-year across the country since late January, with some remote crossings reporting annual declines of up to 80 per cent.

Pierre Poilievre joins the Evan Bray Show ahead of the byelection in Alberta's Battle River-Crowfoot riding, where Poilievre is vying for a seat back in parliament. He chats tariffs, Trump, Putin and Carney.

"There's one canola field that surrounds this farm, so just instantly that's one dollar a bushel lost off of the crop here in one single day," said Derek Dery, CEO of Sixteen Grains, a farm near Saskatoon.

Experts say the new tariff will effectively shut the door on one of the crop's biggest markets. Federal Minister Eleanor Olszewski said that nothing is off the table when it comes to protecting producers.

"Our federal government cannot sacrifice a $43 billion canola industry... to protect a fledgling electric vehicle industry largely based in eastern Canada," Premier Scott Moe said on Tuesday.

While U.S. President Donald Trump ramped up blanket tariffs on Canada to 35 per cent at the start of the month, RBC estimates the effective tariff rate on Canadian goods is closer to six per cent today.

The move comes nearly a year after Canada imposed a 100 per cent tariff on Chinese electric vehicles, a move that is to be reviewed by the beginning of October. Canada supplies China with most of its canola.

Chris Lane, president and CEO of Economic Development Regina talks about the potential economic impact of tariffs, importance of market diversification for Saskatchewan manufacturing companies and businesses.

The duty for most Canadian companies is being increased to 14.63 per cent, up from 6.74 per cent. The increase brings the total duty level for Canadian softwood to 35.19 per cent.

The Sask. NDP leader says many legislators in the U.S. understand the important role Canada plays in America's energy and agriculture industries, but that President Donald Trump isn't one of them.

Premier Scott Moe said the Government of Saskatchewan is working alongside the federal government to support the industries not protected by the CUSMA trade agreement, like the steel industry.

The latest levy took effect on Friday after the two countries failed to hit an Aug. 1 deadline. Carney said he has not talked to Trump in recent days but will speak with him "when it makes sense."

Saskatchewan NDP Leader Carla Beck says that taking American booze off shelves and prioritizing Canadian procurements would show the U.S. that this province "has a backbone."

While most Saskatchewan exports remain unaffected by new U.S. tariffs, Premier Scott Moe is urging the federal government to support growth by cutting red tape and fast-tracking key infrastructure.

Brianna Solberg with the CFIB said she would like to see the federal government provide relief to small businesses during this uncertain time, including a temporary cut to the small business tax rate.

"The idea of using tariff barriers to raise revenue and comprehensively relocate industries like this is a failed economic policy," Harper said at the Midwestern Legislative Conference in Saskatoon.

Tariffs are top of the agenda, and the premiers' summer gathering will also feature a Tuesday meeting with Prime Minister Mark Carney, as trade talks with the United States are expected to intensify.

"It's a good feeling. The federal government is listening to what's happening in the steel industry. It's a positive announcement," said Mike Day, president of United Steelworkers Local 5890.

OTTAWA - The Canadian Steel Producers Association and United Steelworkers Union are panning Prime Minister Mark Carney's response to U.S. President Donald Trump's punishing tariffs. Their response came hours after Carney announced a tariff countermeasu...

OTTAWA - U.S. President Donald Trump introduced 25 per cent tariffs on all imports of steel and aluminum on March 12, and doubled the levies to 50 per cent in early June. The Canadian government has responded with a number of measures. Initial respon...

Amid concerns over U.S. tariffs and global trade tensions, the Saskatchewan government says expanding the New West Partnership could ease internal barriers and strengthen Canada's domestic market.

Premier Scott Moe and the United Steelworkers union are welcoming new federal steel import quotas, calling them a win for Saskatchewan jobs and a step toward protecting local industry from global pressures.

Prime Minister Mark Carney says steel originating in China will be subjected to higher tariffs to try and prevent steel dumping amid U.S. President Donald Trump's ongoing global trade war.

In a statement to media on Friday afternoon, Moe said that 95 per cent of Saskatchewan exports comply with CUSMA, and the White House has confirmed those goods are exempt from the latest round of tariffs.

U.S. President Donald Trump threatened to impose 35 per cent tariffs on Canadian imports on August 1 in a letter to Prime Minister Mark Carney posted on social media Thursday night.

The deal, called "a major investment in creating a more vibrant domestic steel production industry in the United States and Canada," comes despite the tariffs war between the two countries.

Donald Trump made the comments in a post on his social media account, calling it a "direct and blatant attack on our country." Prime Minister Mark Carney has been negotiating in private with Trump.

The heads of the Canadian Steel Producers Association and the United Steelworkers visited Parliament Hill on Thursday to call for urgent action on the tariffs by the federal government.

Leader Carla Beck said an investment would be beneficial, especially with upcoming projects like the Jansen Potash Mine. "But ... we have to be able to get that product to market," she said.

"This premier and this government were one of the last in the country to bring these measures in, and now they're the first to roll over." NDP Leader Carla Beck said at a media event on Thursday.

Government said it's returning to its standard procurement processes, allowing people to choose what they want to buy. It said the province is committed to purchasing from Sask. and Canadian suppliers.

While Saskatchewan is lifting its pause on U.S. liquor sales, the federal government's 25 per cent tariff on U.S. alcohol still remains in place.

When asked whether there would be any exemptions, press secretary Karoline Leavitt told reporters Trump will keep his promise to steelworkers. Canadian industries have said the tariffs could be devastating.

Prime Minister Mark Carney said on Monday that Ottawa is speaking with Chinese officials at the ministerial level and that the issue is a top priority for the federal government.

Moe said there would also be a new focus on interprovincial labour mobility to help people move between work in the two provinces and work would also begin on alcohol sales.

Canada's premiers are heading into to a meeting with Prime Minister Mark Carney in Saskatoon Monday armed with their wish lists for major "nation-building" projects.

President Donald Trump said doubling the tariffs on imported steel from next week "will even further secure the steel industry in the U.S" at his announcement at a U.S. Steel warehouse near Pittsburgh.