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A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)
Markets

CUSMA leaders to discuss agreement during Mexico visit

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Mexico City | Reuters — U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the Canada-U.S.-Mexico (CUSMA) agreement, which was ratified in 2018, during a visit to Mexico, Mexican President Andres Manuel Lopez Obrador said Monday. “We’ll have a summit to discuss terms of the trade agreement treaty… in Mexico,”
(Lauri Patterson/E+/Getty Images)
Dairy cattle, Livestock

U.S. seeks another CUSMA dispute panel on Canadian dairy quotas

Canada announced revised policies last week

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Ottawa | Reuters — The Biden administration is requesting that a second dispute settlement panel be formed under the Canada-U.S.-Mexico Agreement (CUSMA) to review a trade dispute with Canada over dairy import quotas, it said on Wednesday. The U.S. alleges that Canada’s dairy tariff-rate quota allocations deny eligible U.S. applicants, including retailers, access to Canadian
(Lauri Patterson/E+/Getty Images)
Dairy cattle, Livestock

Canada violated CUSMA pact by reserving dairy quotas, panel finds

Canada 'will ensure compliance,' trade minister's rep says

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Washington | Reuters — Canada violated a trade accord with the U.S. and Mexico by reserving most of its preferential dairy tariff-rate quotas for Canadian processors, a dispute panel found, and Washington warned it could retaliate if Ottawa did not change course. The U.S. Trade Representative’s office claimed victory for Washington in the first dispute
File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)
Markets, Other

Britain, New Zealand strike free trade deal

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London/Wellington | Reuters — Britain and New Zealand have reached agreement in principle on a free trade deal designed to reduce tariffs, improve services trade, and take London one step closer to membership in a broader trans-Pacific trade agreement. Prime ministers Boris Johnson and Jacinda Ardern sealed the deal in a Zoom call on Wednesday
Prime Minister Justin Trudeau leaves a news conference at Rideau Cottage in Ottawa on June 25, 2021. (Photo: Reuters/Blair Gable)

Parliament rises as farm succession bill passes

Manitoba MP's private member's bill clears Senate

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With the possibility of a fall election looming, MPs rose from the House of Commons on Wednesday, marking the end to a parliamentary session featuring a handful of laws impacting agriculture. Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on the sales of farms and other small businesses, pass in
File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)
Markets

Canada, Indonesia launch trade pact talks

First round of negotiations expected later this year

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Canada has formally declared it will start negotiations this year on a trade pact with Indonesia, a move ag exporters hope will stabilize and strengthen their market access to the Asia-Pacific region. Canada’s Trade Minister Mary Ng and her Indonesian counterpart Muhammad Lutfi on Sunday declared the launch of negotiations on a comprehensive economic partnership
File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)
Markets

Trans-Pacific trade partners agree for U.K. to start joining process

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Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an
Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
Dairy cattle, Livestock

U.S. requests CUSMA dispute panel on Canadian dairy quotas

TRQs improperly allocated, USTR alleges

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Washington | Reuters — The Biden administration on Tuesday escalated a simmering trade dispute with Canada over dairy import quotas, requesting that the first dispute settlement panel under the Canada-U.S.-Mexico Agreement be formed to review the matter. The U.S. Trade Representative’s office said its complaint alleges that Canada was improperly allocating CUSMA tariff-rate import quotas
U.S. Trade Representative Katherine Tai is sworn in at the White House on March 18, 2021. (Photo: Reuters/Tom Brenner)
Markets

New U.S. trade chief Tai focused on CUSMA, China ties in calls

New trade deals on hold for now, White House says

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Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to
Strip steak with mushrooms. (Photo courtesy Canada Beef Inc.)
Beef cattle, Livestock, Markets

Beef trade gap seen growing as U.K. pact clears Parliament

Interim post-Brexit trade deal gets royal assent

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Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after

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