Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.
Tag Archives tariffs — page 2

Importers struggle to resell Canadian canola meal caught in China tariff crossfire
Importers are struggling to resell several cargoes of Canadian canola meal that arrived in China after Beijing imposed hefty import tariffs on the protein-rich ingredient, three trade sources said.

Canadian farmers reel as China blocks top canola seed market
Canadian farmers are reeling from China's decision to impose hefty duties on their canola seed, after the surprise move spooked grain buyers into halting purchases and stoked worries there will be little demand for crop deliveries this autumn.

China launches anti-dumping investigation into Canadian pea starch
Probe is expected to last a year
China launches anti-dumping investigation into Canadian pea starch

Trump urges China to quadruple soybean orders
Analysts say quadrupling soybean orders is ‘highly unlikely’
U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.

Trump’s higher tariffs hit major US trading partners, sparking defiance and concern
Higher tariffs likely to impact global supply chains and inflation
U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.

Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue
As trade talks with the U.S. continue, the Canadian Cattle Association says it's pleased to see a focus on the upcoming review of the Canada-U.S.-Mexico trade agreement (CUSMA) while maintaining tariff-free access for CUSMA-compliant goods.

Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.

Proposed Canada-U.S. trade deal could still be weeks away, says Ottawa
Trump increases tariff on Canada to 35 per cent from 25 per cent, cites fentanyl
A proposed U.S.-Canada trade deal could still be weeks away, Ottawa's chief negotiator said on Friday, a day after U.S. President Donald Trump imposed higher tariffs on imports from Canada.

U.S. restaurants lobby against tariffs ahead of Aug. 1 deadline
Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court
Ahead of the August 1 tariff deadline, an American restaurant group has sent a letter to U.S. trade representative Jamieson Greer expressing concerns and urging for continued exemptions under the CUSMA trade agreement. Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court.