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Tag Archives International trade

Politics and a renewed vigour of nationalism are making it increasingly difficult for international trade.
News, Other

Agricultural trade looms as election issue

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Farmers, most of whom rely on exports know it, and so does Ottawa as both face rising protectionism

Continuing trade turmoil is top of mind for Canadian farmers and the federal government heading into the October federal election. The Western Canadian Wheat Growers Association (WCWGA) is demanding the government bulldoze barriers to Canadian agricultural exports. The Canadian Agri-Food Trade Alliance (CAFTA) has issued recommendations to protect and enhance Canadian agriculture and food exports.
Why is the White House linking your grain markets to its struggling immigration policy?
Comment, Opinion, Other

Comment: Welcome to paradise, er, paradox

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There’s an interesting paradox occurring in today’s commodity and financial markets. Maybe you’ve noticed it; market watchers certainly have. Here’s what they’ve seen: Every time President Donald J. Trump takes to Twitter to threaten a nation with import tariffs — most recently, Mexico — the U.S. stock market shoots higher. Paradoxically, however, every time U.S.
A border fence in Arizona that separates Mexico from the U.S. President Donald Trump recently threatened Mexico with an import tax on all of its products entering the U.S. if it did not make greater efforts to control illegal immigration.
Comment, Opinion, Other

Comment: Break out the guacamole

The U.S.-Mexico dispute could translate into both opportunities and perils for Canada

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In an unprecedented move recently, and in a single tweet, President Trump opted to impose five per cent tariffs on all Mexican imports until the illegal immigration issue gets resolved. As the world has now realized, when the White House is willing to intertwine both foreign and trade policies, markets around the world tumbled. In
Steel tariffs made farm equipment manufacturing margins smaller last year.
Equipment, News, Other

Tariffs made for ‘lean year’ for agriculture manufacturers

The lifting of the U.S.-Canada steel tariffs should make trade easier, but it might be too early to tell if it will reduce the cost of farm machinery

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Despite dropped steel tariffs, one Manitoba manufacturer of agricultural equipment says it’s too early to be optimistic. “I think it’s just going to be a regular day of business,” said Darren Blazeiko, general manager of Cancade CBI Ltd. in Brandon. Why it matters: The tariffs have made imports of steel and equipment and exports of
There’s lots of speculation that Canada's canola dispute with China is caught up in the trade war between China and the U.S.
News

Canola dispute a signal of new trade era

Times have turned more protectionist and Canadian canola is a casualty

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Canadian canola has had problems in China before, but this time is different, says Jim Everson, president of the Canola Council of Canada. In 2009 China threatened to block imports over fears Canadian canola could infect Chinese rapeseed with Canada’s more virulent strain of blackleg, a fungal disease. In 2016 China wanted Canada to reduce
Blooming rapeseed field at sunset
News, Oilseeds

Canadian canola hits great wall of China

China won’t discuss the situation with Canadian officials

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Despite the ongoing efforts of Canada’s canola industry and the federal and provincial governments, China still is not importing Canadian canola seed, or even willing to discuss its de facto boycott that began in March. “It appears there is no immediate solution to this issue,” Canola Council of Canada president Jim Everson told a webinar
China claimed shipments of Canadian canola were contaminated with weed seeds and plant diseases, but it has yet to show evidence to back up the claim.
News

Quick fix to China canola ban ‘unlikely’

There’s more to it than Huawei, according to a MarketsFarm’s report

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China’s de facto ban on Canadian canola imports has depressed canola prices, which will remain under pressure until the ban is lifted, concludes a report prepared by MarketsFarm, a division of Glacier FarmMedia. “A quick resolution to the Chinese canola import situation is highly unlikely,” the report says. The same holds for Canadian and American
How does Canada protect its trading relationships when the rules of trade have been thrown out the window?
Comment, Opinion, Other

Comment: Protecting trade in a protectionist era

Canada needs to respond to trade barriers by using dispute settlement mechanisms

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The world has become protectionist. There is, justifiably, much focus on issues with China. But it is not just China. Canadian agriculture commodities are blocked in India, Italy, Saudi Arabia, and Vietnam and face issues in key markets like Peru. Countries are turning inward, finding new ways to block trade. How do we protect our
'We are absolutely confident of the high quality, cleanliness and technical superiority of Canadian canola.'
Comment, Opinion

Comment: Defending market access for Canadian canola

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Regaining full market access for our canola producers is Canada’s top international trade priority, right alongside the fight to get rid of illegal U.S. tariffs on steel and pipe products. Long before the recent Chinese action to block shipments of canola from well-respected Canadian firms like Richardson and Viterra, we have had an ongoing dialogue
American and Chinese flag pair on desk over defocused background. Horizontal composition with copy space and selective focus.
News, Other

U.S.-China trade war outcome vital to global trade

The end result could see a renewal of rules-based, multilateralism, or be the final nail in its coffin

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Canada, and many other smaller countries with export-dependent economies, rely on an internationally recognized, rules-based trading system, says Mike Gifford, former chief agricultural trade negotiator for Canada. But that system is under threat from the United States, once the world’s leader in promoting liberalized trade under the auspices of the World Trade Organization (WTO). “The

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