Reading Time: 3 minutes Canadian food and beverage makers have begun to feel the pinch of trade tensions with the U.S. according to a new forcast by Farm Credit Canada, which downgraded sales growth predictions from the start of the year.
Tag Archives tariffs
Food and beverage makers’ sales predicted to slide on trade tensions: FCC
Carney expects ‘constructive’ trade talks with China to deepen
Reading Time: 2 minutes Prime Minister Mark Carney said he had “constructive” trade talks with Chinese Premier Li Qiang on the sidelines of the U.N. assembly in New York and covered agri-food products like canola as well as seafood and electric vehicles.
China trade envoy meets US Midwest delegation as agriculture exports loom large in talks
Reading Time: < 1 minute Senior Chinese trade negotiator Li Chenggang met political and business leaders from the U.S. Midwest. Analysts speculate the region’s food exports will be key to any U.S.-China trade deal.
Canadian economy going ‘under the speed limit,’ says FCC analyst
Reading Time: 2 minutes Farm Credit Canada outlined less than impressive numbers for Canada’s economy Sept. 18, and that will spill over into agriculture.
Survey says Canadians support canola producers over EV tariffs
Reading Time: 2 minutes The majority of Canadians are in favour of lowering tariffs on Chinese electric vehicles if it would help improve market access for Canadian canola according to new data from the Angus Reid Institute.
Trump tariffs could fund bailout for US farmers, agriculture secretary tells Financial Times
Reading Time: < 1 minute The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins.
Vietnamese feed makers buying Canadian canola meal after China duties, sources say
Reading Time: 2 minutes Feed millers in Vietnam are taking advantage of bargain prices with rare purchases of Canadian canola meal after China imposed hefty tariffs on the oilseed.
Moe says China trip laid ground work
Reading Time: 2 minutes Saskatchewan premier says signals of moving forward on canola tariffs can be seen in moves from Chinese and Canadian governments
USDA considering economic aid for farmers this fall, says secretary
Reading Time: < 1 minute The U.S. Department of Agriculture is working with Congress to evaluate whether economic aid might be needed for the nation’s farmers this fall amid trade disputes and record-high yields, Agriculture Secretary Brooke Rollins said on Monday.
Canada had constructive talks with China over canola dispute, Ottawa says
Reading Time: < 1 minute Canadian officials had constructive talks with their Chinese counterparts about Beijing’s tariffs on canola during a recent visit, Prime Minister Mark Carney’s office said in a statement on Friday.