Reading Time: 2 minutes Tokyo | Reuters — Japan will propose changes to its safeguard mechanism on frozen U.S. beef imports that will shorten review periods and allow importers to voluntarily lower import volumes to prevent tariffs from automatically kicking in, two government sources said on Thursday. The proposal will be made at the second round of the U.S.-Japan […] Read more
Japan to propose changes to beef import safeguards in talks with U.S.
U.S. retail, dining, ag sectors rip NAFTA produce proposal
Reading Time: 2 minutes Washington | Reuters — U.S. retail, restaurant and agriculture groups have weighed in against proposals regarding fresh produce put forward by U.S. negotiators as part of an effort to renegotiate NAFTA, according to letters sent to U.S. officials. Talks to overhaul the North American Free Trade Agreement resume this weekend in Mexico, the second round […] Read more
Japan beef tariff hike threatens trade relations: Perdue
Reading Time: 2 minutes Chicago / Reuters – Japan’s decision to hike tariffs on frozen beef imports from the United States could disrupt sales and harm trade relations between the two countries, U.S. Agriculture Secretary Sonny Perdue said on Friday. Japan will raise tariffs from August on imports of frozen beef, popular in beef bowl dishes, from the United […] Read more
Trump vows to back U.S. dairy farmers in Canada trade spat
Reading Time: 2 minutes Reuters — U.S. President Donald Trump promised on Tuesday to defend U.S. dairy farmers who have been hurt by Canada’s protectionist trade practices, during a visit to the cheese-making state of Wisconsin. Canada’s dairy sector is protected by high tariffs on imported products and controls on domestic production as a means of supporting prices that […] Read more
U.S. Commerce chief sees no major NAFTA talks until later this year
Reading Time: 2 minutes Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Wednesday that substantial negotiations to revamp the North American Free Trade Agreement likely will not get started until the latter part of this year and could take a year to complete. Ross, speaking to Bloomberg Television, said U.S. legal notification requirements with partners Mexico and […] Read more
India considering reinstating wheat import tax
Reading Time: 2 minutes New Delhi | Reuters –– India could impose a 25 per cent import tax on wheat by the middle of March, two government sources said on Wednesday, reinstating the tariff after a gap of nearly three months in response to recent large purchases from overseas. India, the world’s second-biggest wheat producer, lowered the import tax […] Read more
Dairy ingredients strategy starts to drive investment
Reading Time: 3 minutes Ontario’s Gay Lea Foods has announced $140 million in projects to be spent over four years to dramatically increase dairy ingredient processing in the province. The announcement last week in Teeswater, Ont., is the result of several years of work to bring revitalized ingredients processing to the province and to stem the flow of milk […] Read more
Cattle producers urge trade fight if Trump revives COOL
Reading Time: 2 minutes Winnipeg | Reuters — Canadian cattle producers will urge Ottawa to retaliate against the U.S. if the incoming Trump administration imposes a meat labelling program it views as discriminatory, restarting a six-year trade battle, an industry group said on Wednesday. U.S. news network CNN reported on Tuesday that a memo drafted by President-elect Donald Trump’s […] Read more
Canada, China agree to tighten trade ties
Reading Time: 2 minutes Ottawa | Reuters — Canada and China said Thursday they would start exploratory talks on a free trade pact, but gave few details about a possible extradition treaty for Chinese fugitives which has triggered criticism in Canada. Canada’s Liberal Prime Minister Justin Trudeau, elected last year, is trying to improve ties and increase trade with […] Read more
Canada/EU trade pact seen possible despite headwinds
Reading Time: 3 minutes Canada still has a good shot at ratifying its trade deal with the European Union, despite turmoil within the EU, according to Canadian government officials. The United Kingdom’s recent referendum vote to leave the EU doesn’t legally change the ratification of the Canada/EU Comprehensive Economic Trade Agreement (CETA) in any way, a federal official said […] Read more
A message from April Stewart, Country Guide's Associate Editor
