Reading Time: 4 minutes U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.
Trump’s higher tariffs hit major US trading partners, sparking defiance and concern
Higher tariffs likely to impact global supply chains and inflation
China’s soymeal glut raises demand doubts ahead of US soybean export season
Reading Time: 2 minutes China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said.
Chinese government pledges hog capacity control to stabilize prices
China soymeal futures fall as government pledges to reduce soymeal use in animal feed
Reading Time: < 1 minute Chinese authorities have pledged to rein in hog production and reduce soymeal use in animal feed to stabilize hog prices.
Canada’s steel import duties violate WTO rules, says China
Reading Time: 2 minutes The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order.
Moe’s outlook on Carney, trade challenges
Concerns about U.S., China trade barriers
Reading Time: 2 minutes Saskatchewan Premier Scott Moe is ready to turn the page and start working with Prime Minister Mark Carney on important shared issues for Saskatchewan and Canada, including agricultural issues, such as providing regulatory certainty in the renewable fuels market.
Australia nears breakthrough canola deal with China, sources say
Phytosanitary rules have restricted Australia’s canola exports to China
Reading Time: 2 minutes Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.
Canada’s foreign affairs minister spoke with Chinese counterpart, federal government says
Reading Time: < 1 minute Canada's minister of foreign affairs spoke with her Chinese counterpart while in Malaysia last week, the federal government said.
China soybean imports hit record June high on strong Brazil shipments
Reading Time: < 1 minute China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
Bunge charters first Argentine soy meal cargo to China, shipping data show
Reading Time: < 1 minute Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Reading Time: 2 minutes Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
A message from April Stewart, Country Guide's Associate Editor
