Reading Time: 2 minutes U.S. President Donald Trump's plan for a 50 per cent tariff on goods from Brazil will likely raise prices for the beef that is used in American hamburgers, traders and analysts said on Thursday, as food manufacturers increasingly rely on imports during a time of declining domestic production.
Trump tariff on Brazilian goods could jack up U.S. burger price
U.S. signals trade announcements imminent as deadline looms
Treasury secretary says inbox full of trade offers
Reading Time: 3 minutes The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal before a July 9 deadline.
Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic
Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China
Reading Time: 2 minutes Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
Canada rescinds digital services tax to advance stalled trade talks with US
Reading Time: 2 minutes Canada scrapped its digital services tax targeting U.S. technology firms just hours before it was due to take effect on Monday, in a bid to advance stalled trade negotiations with the U.S.
Riding the tariff rollercoaster
What are producers doing to minimize the risk created by ongoing trade uncertainty?
Reading Time: 3 minutes Farmers are accustomed to roller-coaster years. But the current geopolitical windstorm is something else entirely. On his cattle operation near Birtle, Man., Tyler Fulton is making good use of livestock price insurance and has filed his annual application for AgriStability, a margin-based, federal business risk management (BRM) program that helps Canadian producers manage large income […] Read more
Trump cuts off US trade talks with Canada, shattering optimism over tariff deals
Reading Time: 4 minutes U.S. President Donald Trump abruptly cut off trade talks with Canada on Friday over its tax targeting U.S. technology firms, saying that it was a "blatant attack" and that he would set a new tariff rate on Canadian goods within the next week.
Producers aren’t panicking over tariffs and trade threats
Tariffs & Trade: In the face of extreme market uncertainty, protectionist tariffs and geopolitical risks from around the world, Canadian producers aren’t rushing to change their crop and farm plans for the upcoming season — but they may put some major purchases on hold
Reading Time: 6 minutes The Manitoba Canola Growers Association (MCGA) surveyed its members this spring to get a sense of how trade uncertainty was affecting their decisions. “While trade is certainly weighing heavily on them it’s not the only factor. There are many factors that go into considering what producers choose to seed each year,” says Delaney Ross Burtnack, […] Read more
Indian rapeseed meal exports soar as China replaces Canadian canola supply
China placed Canadian canola oil, meal under a 100 per cent tariff in March
Reading Time: 2 minutes China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said.
U.S. and U.K. announce a trade deal, but steel imports unresolved
Reading Time: 2 minutes U.S. President Donald Trump signed an agreement on Monday formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal.
Trump says Canada-U.S. trade deal achievable
Reading Time: < 1 minute A trade deal between Canada and the U.S. may be achievable, says President Donald Trump. Trump addressed media with Prime Minister Mark Carney on Monday at the G7 meeting in Kananaskis, Alberta.
A message from April Stewart, Country Guide's Associate Editor
