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Tag Archives Protectionism

U.S. President Donald Trump talks to the media next to Secretary of Agriculture Sonny Perdue during a roundtable discussion with farmers at the White House in Washington, U.S. April 25, 2017.
Comment, Opinion, Other

Comment: Sonny warned ’em — twice, in fact

Trump can’t claim he wasn’t forewarned about agriculture trade calamity

By
It’s Thanksgiving week recently here in the U.S., so let’s be generous: The White House trade policy, marked by its heavy use of import tariffs and presidential tweets, continues to confound economists and trading partners alike. A more accurate, less generous view of President Donald J. Trump’s trade policy would declare it an unhinged mess
Politics and a renewed vigour of nationalism are making it increasingly difficult for international trade.
Comment/Feedback, Opinion

Comment: Agricultural trade in the age of protectionism

The entire industry and government must work harder than ever to ensure market access

By
The world has entered a new age of nationalism, resulting in growing trade protectionism and increasing barriers for Canadian farmers and exporters who depend on international markets. The idea that trade is about winning or losing is dangerous and misleading. This idea ignores the world’s growth over the last 75 years and the disastrous outcomes
Farmers who experienced economic hardships in the 1980s are concerned history may be poised to repeat itself.
News, Other

Protectionism, a trade war and U.S. farm subsidies

Is the stage being set for an economic downturn in agriculture?

By
Rising protectionism and an expanding trade war have some Manitoba farmers worried about a repeat of the 1980s farm crisis. “I don’t want to be a pessimist like my son says I am, but what is the next thing that causes the ’80s all over again? A worldwide trade war could be the black swan
Comment, Opinion, Other

Tariffs not the answer to U.S. trade woes

By
Testimony by Minnesota Farm Bureau president Kevin Paap to the U.S. House Ways and Means subcommittee on trade, Washington, D.C., July 18. Agricultural exports are important economic drivers. Once you lose a market, it is really tough to get it back. In 2017, we exported $140 billion in farm products, which is $21 billion more
“If they get less money, there’s disruption in the marketplace, our producers will automatically get less money.” – Andrew Dickson, Manitoba Pork Council general manager.
Hogs, News

Manitoba Pork worries after Chinese tariffs against U.S.

Canadian pork will not suffer the same Chinese tariff hikes as the U.S., but those tariffs will still be felt locally, experts warn

By
Manitoba’s pork producers may not know the exact impact from China’s tariffs against the United States, but they know it’s coming. The U.S. pork sector has been caught up in the latest round of trade volleys between the United States and China. The Chinese government announced a sweep of tariffs April 1, blaming new U.S. tariffs against
Canada's Finance Minister Bill Morneau delivers the budget in the House of Commons on Parliament Hill, Feb. 27, 2018.
Comment/Feedback, Opinion

Trade wars and food fights

It would appear Bill Morneau is happy fiddling while our economy burns

By
Bill Morneau is perhaps an influential figure in Trudeau’s cabinet, but he’s no finance minister. Given the budget he presented late last month, Minister Morneau may be more of a social justice enabler. Supporting more diversity, equality and inclusiveness is obviously critical to the betterment of our society, but most Canadians do expect more from
(PortMetroVancouver.com)
Markets

Final version of Trans-Pacific trade deal released

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Wellington/Sydney | Reuters — The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific’s fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the U.S. More than 20 provisions have been suspended or changed in the final
(DonaldJTrump.com)
Livestock

Protectionism game comes with raised economic stakes: Frum

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As U.S. president-elect Donald Trump’s inauguration day approaches, the business world is pondering how the new administration might affect the world economy. Trump’s pride in his unpredictability is troubling, given he’s the president-elect, said David Frum, political commentator, former speechwriter for President George W. Bush, and a senior editor for Washington-based magazine The Atlantic. However,

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