Reading Time: 4 minutes Global financial markets fell on Monday over tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump, while world leaders steeled themselves to respond to his next moves, with the European Union in the firing line.
Markets tumble over Trump tariffs, world leaders brace for his next moves
U.S. threatening Canada’s canola oil industry
Chinese used cooking oil another threat
Reading Time: 2 minutes Canada's canola oil industry is facing two threats from the United States, said Chris Vervaet, executive director of the Winnipeg-based Canadian Oilseed Processors Association.
Trump tariffs would weaken loonie, then U.S. dollar
Canadian government missing in action
Reading Time: 2 minutes With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.
Provincial leaders united in face of Trump tariffs
Reading Time: 2 minutes Canadian federal and provincial governments are presenting a united front to make sure threatened U.S. tariffs don’t go forward
India gears up for a potential trade deal as Trump targets China, say government sources
Reading Time: 3 minutes India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the U.S., aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge, government and industry sources in New Delhi said.
EU and South America strike trade deal set to hit pushback in Europe
Reading Time: 2 minutes The European Union and South America's Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday which now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, European Commission President Ursula von der Leyen and her Mercosur counterparts announced an agreement had been reached in the Uruguayan capital Montevideo.
Trump discussed border, trade with Trudeau after pledging steep tariffs
Reading Time: 2 minutes U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
Reading Time: 2 minutes The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
Canada posts sixth straight monthly trade deficit in August
Farm, fishing and intermediate food product exports rose
Reading Time: 2 minutes Canada recorded a bigger-than-expected trade deficit of C$1.1 billion in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
Czech ag attache sees trade possiblitities at Canada’s Outdoor Farm Show
Reading Time: < 1 minute Filip Lameš, agricultural attache to the embassy of the Czech Republic, also known as Czechia, was at the Canada's Outdoor Farm Show 2024 in Woodstock to explore potential new markets for agriculture manufacturers in his country and innovations that farmers there could adopt.
A message from April Stewart, Country Guide's Associate Editor
