Reading Time: 3 minutes Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.
Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
China says it will ignore US ‘tariff numbers game’
Reading Time: < 1 minute China will pay no attention if the United States continues to play the “tariff numbers game”, China’s foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245 per cent due to its retaliatory actions.
IGC raises world corn crop forecast, trims wheat
Reading Time: < 1 minute The International Grains Council (IGC) has raised its forecast for 2025/26 global corn production, driven by an improved outlook in sub-Saharan Africa and the United States.
China Q1 pork output rises 1.2 per cent year-over-year, oversupply pressures persist
Reading Time: 2 minutes China's pork output rose 1.2 per cent in the first quarter of 2025 from a year earlier to 16.02 million metric tons, helped by a rise in breeding sows last year, pre-holiday slaughter and heavier hog weights.
Next government must help Canadian pork sector through Chinese tariffs says meat council
Council says government should avoid scenarios that make sectors like agriculture collateral damage
Reading Time: 3 minutes Federal parties must recognize the losses Canada’s pork sector will face from Chinese tariffs, says Chris White, president and CEO of the Canadian Meat Council (CMC).
China, Vietnam support multilateral trade regime amid U.S. tariff pressure
Reading Time: 2 minutes China and Vietnam expressed their support for maintaining a multilateral trade regime centered around the World Trade Organization in a joint statement issued on Tuesday at the end of a two-day visit by Chinese President Xi Jinping.
What are the thorny farm issues in India-US trade negotiations?
Reading Time: 2 minutes India and the United States have finalized the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade worth $500 billion by 2030.
WTO chiefs past and present demand rapid reform to keep global free trade alive
Reading Time: 2 minutes A former World Trade Organization boss has said the future terms of global trade, rocked by U.S. President Donald Trump’s sweeping protectionist tariffs, could be decided outside the 30-year-old international watchdog unless it reforms itself fast.
EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals
Trump ratchets tariffs on China even higher; China says it will “follow through to the end”
Reading Time: 3 minutes The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.
A message from April Stewart, Country Guide's Associate Editor
