Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more
U.S. livestock: Closing higher after Trump announces tariff pause
But boosts duties on China to 125 per cent
Trump temporarily lowers tariffs for most countries, raises them for China
White House reverses initial statements, says Canada, Mexico not subject to 10 per cent global tariffs
Reading Time: 3 minutes Canada and Mexico will be subject to the same 10 per cent tariff as many other countries, CBC reported Tuesday. The news came as U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher.
How are U.S. tariffs affecting American agricultural trade so far?
“Irreplaceable” market China has already decreased reliance on American soy, corn
Reading Time: 5 minutes New deals could be struck with over tariffs “perhaps even by the end of the week,” U.S. Agriculture Secretary Brooke Rollins told Fox News on Tuesday as the country’s self-made trade war threatened markets for American farm goods.
China boosts Indian rapeseed meal purchases after tariff on Canadian canola imports
Reading Time: 2 minutes China has bought 52,000 tons of Indian rapeseed meal in the past three weeks after Chinese authorities imposed a 100 per cent retaliatory tariff on Canadian canola imports, industry sources said.
Loss of markets overshadows federal election campaign
Farm organizations say rules-based, predictable trade environments are at the top of their wish lists for the next government
Reading Time: 4 minutes Ending tariffs, or preventing any new tariffs, overshadows all other issues so far in this federal election campaign. Trade is the number one concern affecting all sectors.
Mexico seeks to avoid retaliatory tariffs against US, but not ruling them out
Reading Time: < 1 minute Mexican President Claudia Sheinbaum said on Monday her government would like to avoid imposing tariffs on the United States in response to President Donald Trump's sweeping tariff plans, though she said they could not be ruled out.
Tariffs throw US, Canadian farm machinery manufacturers into turmoil
Reading Time: 3 minutes All around a recent farm show in Canada, equipment salespeople struggled to swing deals with farmers worried about tariffs. With some combines costing more than $800,000, a surprise price hike from a tariff would be a hit most farm budgets cannot easily take.
No new U.S. tariffs on Canadian canola ‘welcome news’
National canola groups say risks of U.S. tariffs aren’t gone as growers fight two-front trade war
Reading Time: < 1 minute No new tariffs on Canadian canola products means some relief for Canadian canola farmers, though uncertainty remains, say Canada's national canola organizations.
China retaliation on US farm goods hits soybeans, bolstering Brazil
Reading Time: 2 minutes China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agriculture goods including Brazil, a shift that began during the trade war of President Donald Trump's first term.
Trump administration is ‘months away’ from direct payments to farmers, Rollins says
Reading Time: < 1 minute U.S. Agriculture Secretary Brooke Rollins said on Fox News on Thursday that the administration is "months away" from making a decision about whether to make payments to farmers to offset any impact from tariffs.
A message from April Stewart, Country Guide's Associate Editor
