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 moreTag Archives CUSMA
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
Trump election could intensify pressures on Canadian agriculture, experts say
By Jonah Grignon The morning after Donald Trump’s election to his second term as U.S. president, Canadian farm and food leaders are considering how this could shift trade priorities for Canadian agri-food. Trump’s pledges to boost competitiveness for American farmers could put Canadian farmers at a disadvantage and intensify the pressures on the Canadian ag […] Read more
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth. Trump recaptured the White House by securing more than the […] Read more
Dairy ruling may affect processor stability
Canada will have to change how it allocates dairy tariff rate quotas from the United States after a dispute resolution panel ruling released last week. The panel, after an investigation requested by the U.S., ruled that Canada’s system of allocating all TRQs to domestic processors violated the Canada-U.S.-Mexico Trade Agreement. However, it didn’t specify how […] Read more
