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Tag Archives Tariff — page 2

File photo of a chicken processing line in Ukraine. (AlexanderLipko/iStock/Getty Images)
Livestock

Canada extends Ukraine tariff-free access

Access to supply-managed sectors tightened

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Winnipeg | Reuters — Canada on Friday extended Ukraine’s tariff-free access for most goods, but tightened access for eggs, poultry and dairy — sectors protected under the Canadian supply-management system. Finance Minister Chrystia Freeland said tariff relief for Ukrainian goods such as steel — a temporary measure started a year ago — would continue for
Hogs, Markets

China to waive tariffs on some U.S. soybeans, pork

Goodwill gesture is aimed at helping soothe ongoing trade tensions between the two nations

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China has confirmed that it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out a broader agreement to defuse their protracted trade war. The tariff waivers were based on applications by individual companies, the Finance Ministry said in a statement, citing a
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
Editorial, Opinion, Other

Editorial: Back to the future?

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Trying to predict the future with any accuracy is a fool’s errand, but that doesn’t stop plenty from trying. One of the biggest fallacies people fall into is the ‘recency effect,’ when the events of the near past are assumed to be more important than earlier events. Informally, it’s become shorthand for the assumption that
Carrot hanging on the end of angled stick
Comment, Opinion, Other

The carrot, the stick, and U.S. farmers

Trade turmoil has the White House picking winners and losers in the U.S. farm sector

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The Trump administration’s good cop/bad cop approach to U.S. trade policy was on full display Aug. 27 when President Donald J. Trump, the bad cop that day, announced a very incomplete NAFTA trade deal — fuelled by his heavy use of tariffs — that pointedly excluded Canada. That day’s good cop was U.S. Secretary of
Ron Davidson of Soy Canada says Canadian soybean farmers could get side-swiped if the Chinese impose import tariffs on American soybeans in retaliation to $150 billion in proposed American tariffs on Chinese imports.
News

U.S.-China trade war puts Canadian soybean farmers at risk

We might sell more soybeans to China, but lower American prices for seed, oil and meal would likely depress prices here too

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Ron Davidson isn’t exactly sure what impact Chinese tariffs on imported American soybeans will have on Canada’s soybean market, but it’s unlikely to be good. “It just puts uncertainty into the market, and for Canada a lot of risk, because it’s next door and if they (U.S.) can’t send their soybeans abroad (to China) a place to
“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

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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

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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

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