Canada SLAPS the U.S. With Massive Beef Rejection — International Buyers FLEE! | The Wolff Responds

🇨🇦 Canada’s 25% Tariff Shock: Is This the End of U.S. Beef Dominance? In this episode of The Wolff Responds, Prof. Richard Wolff breaks down the devastating economic blow hitting American agriculture. Effective early 2025, Canada has imposed retaliatory 25% tariffs on U.S. imports, causing a massive "rejection" of American beef at the border. But the crisis doesn't stop there—international buyers in China and beyond are rapidly fleeing the U.S. market, turning to Brazil and Australia instead.

👇 IN THIS EPISODE:

The Trade War Escalation: Why Canada hit back with a 25% tariff on U.S. meat and what this means for the $30 billion trade relationship.

Global Buyers Flee: How trade tensions and expiring agreements have caused U.S. beef exports to China to plummet by nearly 46%, while competitors like Brazil take over the market.

The Domestic Crisis: With the U.S. cattle herd at its lowest level since 1951 and prices skyrocketing for American consumers, Wolff analyzes why protectionist policies are backfiring.

Systemic Failure: A critical look at how global trade wars are exposing the fragilities of the U.S. capitalist food system.

📉 THE ECONOMIC REALITY: As the U.S. engages in new trade disputes, American ranchers are losing their biggest customers. Imports of U.S. beef into Canada are down significantly, and a grassroots "Boycott U.S." movement is gaining steam across the border. Richard Wolff explains why this isn't just a blip, but a symptom of a declining economic empire struggling to maintain its grip on global trade.

CHAPTERS: 0:00 - Intro: Canada Slaps the U.S. with Tariffs 1:45 - The Numbers: 25% Duties & The Export Crash 4:20 - International Buyers Flee to Brazil & Australia 7:15 - The "Boycott U.S." Movement in Canada 10:30 - Wolff’s Analysis: The Failure of Trade Wars 14:50 - What This Means for Food Prices in 2025