Reading Time: 3 minutes President Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, a Trump administration official said.
No day-one tariffs coming from Trump, but trade overhaul planned, official says
Trump won’t impose tariffs immediately, reports suggest
Reading Time: < 1 minute U.S. president-elect Donald Trump will not impose threatened tariffs on Canadian goods immediately, according to several U.S. reports.
The news came within hours of Trump being sworn in as 47th President of the United States.
High-protein wheat expected to survive tariffs
Analysts say the global appeal of Canadian Western Red Spring wheat will help cushion the effects of any U.S. levies
Reading Time: 3 minutes A 25 per cent tariff on all Canadian goods exported to the United States would be painful, say market analysts, but some agricultural sectors, such as canola, may feel it more than others. Meanwhile, high-protein wheat classes such as Canadian Western Red Spring (CWRS) may survive the new world order of international trade.
Immigrant US farmworkers prepare for Trump mass deportation plan
Reading Time: 3 minutes Immigrant farmworkers are preparing for incoming U.S. president Donald Trump's promise of mass deportations, including by assigning guardians for their children if they are detained, according to groups providing them legal support.
Trump tariffs would weaken loonie, then U.S. dollar
Canadian government missing in action
Reading Time: 2 minutes With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.
China soybean imports hit record in 2024 ahead of Trump inauguration
Reading Time: 2 minutes China imported the most soybeans on record in 2024 as buyers concerned about rising U.S.-China trade tensions rushed to secure U.S. supplies ahead of President-elect Donald Trump's inauguration.
Tentative labour deal heads off US port disruption; Trump credited
Reading Time: 2 minutes A tentative labor deal forestalled potentially damaging trade disruptions at three-dozen U.S. East Coast and Gulf of Mexico ports, with both sides in the talks crediting President-elect Donald Trump for clearing the way for them to hammer out a deal on automation.
Trump’s policies may not prove inflationary, Bernanke, others say
Reading Time: 3 minutes A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden tariffs, cut taxes and curb immigration may not prove as inflationary as early analysis had suggested.
Top agriculture market-moving news stories of 2024
Reading Time: < 1 minute Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals.
Trump suggests U.S. should retake control of Panama Canal
Reading Time: 3 minutes President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.
A message from April Stewart, Country Guide's Associate Editor
