Canola poised for breakthrough despite tariffs

Canola poised for breakthrough despite tariffs

Soybean tariffs make canola seed a more attractive proposition for China

An erratic start to April for the global trade market saw U.S. tariffs placed on countries around the globe, only to have them paused one week later. But canola prices are on the rise.




Photo: Anna Ross/dpa via Reuters Connect

EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

Trump ratchets tariffs on China even higher; China says it will “follow through to the end”

The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.





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U.S. livestock: Closing higher after Trump announces tariff pause

But boosts duties on China to 125 per cent

Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken

U.S. President Donald Trump holds a "Foreign Trade Barriers" document as he delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025.

Trump changes course on tariffs

There was lack of clarity on whether Canada and Mexico are now subject to 10 per cent tariffs from the U.S., which were paused for other countries April 9.

There was lack of clarity on whether Canada and Mexico are now subject to 10 per cent tariffs from the U.S., which were paused for other countries April 9.


China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says

Trump temporarily lowers tariffs for most countries, raises them for China

White House reverses initial statements, says Canada, Mexico not subject to 10 per cent global tariffs

Canada and Mexico will be subject to the same 10 per cent tariff as many other countries, CBC reported Tuesday. The news came as U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher.