GFM Network News



Trump, citing U.S. farmers, slaps metal tariffs on Brazil, Argentina

Washington/Rio de Janeiro | Reuters — U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing tariffs on U.S. steel and aluminum imports from the two countries in a measure that shocked South American officials and left them scrambling for answers. In an early morning tweet, Trump said the tariffs, “effective immediately,” were necessary


Canada vows ‘full steam ahead’ on ratifying trade pact

Ottawa | Reuters — Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum. U.S. President Donald Trump had imposed the global “Section 232” tariffs of 25 per cent on steel and






Deere plans price increases to offset rising costs

Chicago | Reuters — Shares of Deere and Co. soared Friday after the U.S. tractor maker revised up its full-year earnings estimate on stronger equipment demand and shared its plans to increase prices to offset increased costs. The company’s stock was up 6.4 per cent at $156.24 in early afternoon trading on the New York


China slaps tariffs on U.S. frozen pork, wine

Beijing | Reuters — China has slapped extra tariffs of up to 25 per cent on 128 U.S. products including frozen pork, as well as on wine and certain fruits and nuts, in response to U.S. duties on imports of aluminum and steel, China’s finance ministry said. The tariffs, to take effect on Monday, were

Canadian farm equipment makers are worried that key trade deals are under threat and that could hurt their businesses.

Agriculture manufacturers on edge over trade

The nearly $2-billion-a-year industry lives and dies on trade and uncertainty is making it nervous

With Canada in the midst of numerous free trade agreement negotiations, the Canadian agricultural manufacturing industry is feeling on edge. While the future of some trade deals for Canada is bright, others aren’t looking so good. “The lack of clarity around NAFTA is the big issue at the moment. It’s got a lot of people,