China on Tuesday announced preliminary anti-dumping duties on Canadian canola imports, a fresh escalation in the year-long trade dispute that began with Ottawa's imposition of tariffs on Chinese electric vehicle imports last August.
Tag Archives Tariff
Overvalued loonie will pressure Canadian export economy
The Bank of Canada decided to leave interest rates unchanged on April 16, which brought an end to the series of interest rate reductions that began in 2024.
Tariff pause means continued uncertainty for manufacturers
Equipment manufacturers wait nervously to see how Trump’s threatened tariffs will affect sales across the continent
Tariff pause means continued uncertainty for manufacturers
Prairie farmers must prepare for a protracted economic battle
The natural reaction is to strike back against American tariffs with tariffs of our own, but it’s like kicking the sandbox bully in the shins while he has you in a chokehold. What’s to stop president Donald Trump from ratcheting up American tariffs even further? Not much, except that when a tariff becomes prohibitive, it […] Read more
Tariff uncertainty builds as inauguration nears
Market researcher told Crop Production Show 2025 attendees agriculture will be affected differently
REGINA — Just days before the possible implementation of tariffs by the United States, it’s still unclear how they would be applied and which sectors will be affected. Mark Tully, senior manager of market research at Nutrien, told Crop Week 2025 it appears American border management would be responsible to collect the tariff as it […] Read more
U.S. announces US$16 billion of farm assistance
Winnipeg – The United States Department of Agriculture will implement US$16 billion in programs to pay out farmers hurt by “unjustified retaliatory tariffs on U.S. agricultural goods and other trade disruptions.” “China hasn’t played by the rules for a long time and President (Donald) Trump is standing up to them, sending the clear message that […] Read more
Next round of U.S. tariffs on China at least a month away – Mnuchin
WASHINGTON/BEIJING, (Reuters) – The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday. Washington this month hiked existing tariffs on $200 billion in Chinese goods to 25 percent from 10 perent, […] Read more
U.S. to remove tariffs on Canadian metals, Mexico deal imminent
WASHINGTON/OTTAWA (Reuters) – The United States and Canada on Friday announced a deal to remove tariffs on Canadian steel and aluminum in exchange for new curbs to keep dumped metals from China and other countries out of the United States, paving the way for a similar pact with Mexico. The quota-free deal will eliminate the […] Read more
U.S. farmers receive $8.52 billion in aid to date, USDA says
WASHINGTON, May 15 (Reuters) – The U.S. Department of Agriculture has to date paid out $8.52 billion (CDN$11.44 billion) in direct payments to American farmers as part of the 2018 aid program, designed to offset losses from trade tariffs by China and other trading partners, a spokesman for the agency said. U.S. President Donald Trump […] Read more
