Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
Tag Archives International trade
Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic
Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China
EU and Mexico revive stalled trade deal as Trump tariffs loom
The two parties are seeking to add farm produce, services, investment and other goods to the agreement
The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.
ICE Weekly: Canola market suddenly in a very bad position
China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged canola dumping by Canada. This
China hits Canada with anti-dumping probe on canola imports in response to EV tariffs
China plans to start an anti-dumping investigation into canola imports from Canada due to tariffs Canada had placed on China's electric vehicle imports.
China hits Canada with anti-dumping probe on canola imports in response to EV tariffs
Beijing | Reuters – China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canada has followed the lead of the United States and European Union, and announced
EU pork industry faces ‘nightmare’ if China restricts imports
Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc
Pulse weekly: Canadian pulse exports slowing
Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming availability of new crop supplies. Canada has exported 1.286 million tonnes of lentils during the crop year-to-date, running about 25 per cent behind the pace
U.S. shuns free trade agreements
Senators rake the U.S. Trade Representative over the coals for the Biden administration’s trade policy agenda
Virginia Houston, director of government affairs with the American Soybean Association, says president Joe Biden’s administration feels FTAs pit U.S. domestic industries against one another.
Comment: Sovereignty is sovereignty
We must support the right of the people of Mexico to determine their own relationship with corn
In solidarity with Mexico, today (April 8) 31 Canadian organizations including the National Farmers Union stated their objection to Canada’s role in a trade challenge initiated by the United States under the Canada-US-Mexico trade agreement, which aims to end Mexico’s restrictions on the use of genetically modified corn for certain foods. Corn, also known as
Opinion: Someone needs to talk tough on trade. Canada, anyone?
More Canada may be just what the moribund global trade scene needs
Glacier FarmMedia – Canada is good at building coalitions and consensus. Maybe it’s time to get tougher. “Why are you so concerned about upsetting people?” asked CropLife International President Emily Rees at the Canadian Crops Convention. Canada could benefit from being “a little less sorry and not having the same fear of upsetting trade partners
Cyber-Savvy Farmer
