U.S. President Donald Trump ramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35 per cent tariff on imports next month. Exceptions for goods under CUSMA, which includes many agricultural products, are expected to continue a White House official said.
Tag Archives CUSMA
Trump says he’ll up Canadian tariff rate to 35 per cent next month
Exceptions for goods under CUSMA are expected to continue says White House official
U.S. dairy exports to Canada up 67 per cent
While Donald Trump may believe the Canada-U.S.-Mexico Agreement is ripping off ordinary Americans, data shows that it’s helping U.S. dairy farmers.
Tariffs – where do we stand now?
As of March 7, goods under CUSMA were exempted from U.S. tariffs until April 2. Canadian tariffs on $30 billion of American goods remained in place.
Trump delays tariffs for goods covered under Canada, Mexico trade deal
WASHINGTON (Reuters) – President Donald Trump on Thursday exempted goods from both Canada and Mexico under a North American trade pact for a month from the 25 per cent tariffs that he had imposed earlier this week, the latest twist in fast-shifting trade policy that has whipsawed financial markets and business leaders. The exemption, which […] Read more
Canadian, Mexican agri-food sectors must co-operate amid tensions with U.S. says ambassador
Canada and Mexico must build on a strong agricultural trade relationship to secure trade resilience in the face of U.S. tariffs, says Carlos Joaquin González, Mexico’s ambassador to Canada.
We’ll get sick if the elephant sneezes
Former prime minister Pierre Elliott Trudeau once noted that living next to the United States is “like sleeping with an elephant. No matter how friendly and even-tempered is the beast, one is affected by every twitch and grunt.” On Nov. 5, the elephant did more than twitch; it sneezed, and Canada is likely to catch […] Read more
Trade deal review could come early
Experts suggest Trump could call for early review of CUSMA
SASKATOON — United States President-elect Donald Trump could request an early review of the Canada-United States-Mexico Agreement, says a senior Canadian government official. CUSMA is a 16-year free trade agreement between the three countries that was implemented in 2020 and expires in 2036. It is subject to periodic reviews, with the next one scheduled in […] Read more
Trump victory puts spotlight on trade
U.S.-Mexico-Canada Agreement, tariffs among policies subject to change under the Republicans OTTAWA — A second term for former U.S. president Donald Trump could mean increased competition and shifting trade priorities for Canadian agriculture, say industry leaders and experts. Trump’s pledges to boost competitiveness and renegotiate the United States-Mexico- Canada Agreement (USMCA) as well as the […] Read more
Bill C-282 opponents urge Senate not to pass it
A Senate committee is studying legislation that would make supply management off limits in future trade negotiations
REGINA — Canadian agricultural exporters mounted a full court press against Bill C-282 last week, while the Senate committee studying the bill heard former ambassadors and federal ministers say it’s bad policy. The bill to protect supply management in future trade negotiations appears to have support from several members of the committee on foreign affairs […] Read more
U.S. says agriculture trade opens case by case
U.S. agriculture secretary Tom Vilsack believes his country is making progress as more dairy products move into Canada
The United States still isn’t thrilled about how Canada distributes its dairy market share, but Tom Vilsack, U.S. secretary of agriculture, said progress has been made in sending more U.S. dairy products to Canada. “Last year was a record for exports to Canada of dairy products,” he said during the Global Dairy Summit at the […] Read more
