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Tag Archives free trade

Prime Minister Justin Trudeau leaves a news conference at Rideau Cottage in Ottawa on June 25, 2021. (Photo: Reuters/Blair Gable)

Parliament rises as farm succession bill passes

Manitoba MP's private member's bill clears Senate

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Reading Time: 3 minutes With the possibility of a fall election looming, MPs rose from the House of Commons on Wednesday, marking the end to a parliamentary session featuring a handful of laws impacting agriculture. Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on the sales of farms and other small businesses, pass in […] Read more
File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)
General, Markets

Canada, Indonesia launch trade pact talks

First round of negotiations expected later this year

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Reading Time: 3 minutes Canada has formally declared it will start negotiations this year on a trade pact with Indonesia, a move ag exporters hope will stabilize and strengthen their market access to the Asia-Pacific region. Canada’s Trade Minister Mary Ng and her Indonesian counterpart Muhammad Lutfi on Sunday declared the launch of negotiations on a comprehensive economic partnership […] Read more
File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)
General, Markets, Reuters

Trans-Pacific trade partners agree for U.K. to start joining process

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Reading Time: < 1 minute Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more
Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
Dairy Cattle, Livestock, Reuters

U.S. requests CUSMA dispute panel on Canadian dairy quotas

TRQs improperly allocated, USTR alleges

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Reading Time: 2 minutes Washington | Reuters — The Biden administration on Tuesday escalated a simmering trade dispute with Canada over dairy import quotas, requesting that the first dispute settlement panel under the Canada-U.S.-Mexico Agreement be formed to review the matter. The U.S. Trade Representative’s office said its complaint alleges that Canada was improperly allocating CUSMA tariff-rate import quotas […] Read more
U.S. Trade Representative Katherine Tai is sworn in at the White House on March 18, 2021. (Photo: Reuters/Tom Brenner)
General, Markets, Reuters

New U.S. trade chief Tai focused on CUSMA, China ties in calls

New trade deals on hold for now, White House says

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Reading Time: 2 minutes Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to […] Read more
Strip steak with mushrooms. (Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Beef trade gap seen growing as U.K. pact clears Parliament

Interim post-Brexit trade deal gets royal assent

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Reading Time: 3 minutes Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after […] Read more
(PaulCowan/iStock/Getty Images)
General, Markets, Reuters

U.K. to ask to join Trans-Pacific trading bloc ‘shortly’

Bilateral deals signed or in works with several CPTPP members

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Reading Time: 2 minutes London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around […] Read more
File photo of snacks, produce and assorted street food loaded on a motorbike in Bali, Indonesia. (Lina Moiseienko/iStock/Getty Images)
General, Markets

Canada consulting at home toward Indonesia trade deal

Possibility of broader Southeast Asian pact also looms

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Reading Time: 3 minutes Continuing to seek out free trade deals in the Asia-Pacific region, Canada has launched public consultations on the merits of a potential bilateral pact with Indonesia. “Deepening trade ties with Indonesia would benefit Canadian businesses of all sizes and lead to economic growth and prosperity for years to come,” International Trade Minister Mary Ng said […] Read more
U.S. Trade Representative Robert Lighthizer walks toward reporters ahead of a meeting with his Canadian and Mexican counterparts to discuss talks on modernizing the NAFTA trade deal, in Washington, D.C. on May 11, 2018. (Photo: Reuters/David Ljunggren)
Dairy Cattle, Livestock, Markets

U.S. throws down CUSMA challenge on Canada’s dairy import limits

Filing challenges Canadian tariff rate quota reserved for processors

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Reading Time: 2 minutes Five months and counting since the Canada-U.S.-Mexico Agreement came into force, the U.S. government has launched a CUSMA challenge of how Canada applies tariff exemptions on dairy imports. U.S. Trade Representative (USTR) Robert Lighthizer said Wednesday he has served Canadian Trade Minister Mary Ng with written notice that the U.S. is “exercising its rights to […] Read more
(Philpell/iStock/Getty Images)
General, Markets, Reuters

Britain, Canada agree on post-Brexit rollover trade deal

Tailor-made comprehensive pact expected to follow

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Reading Time: 2 minutes London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more

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