U.S. President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that he will work to increase access to Canada's dairy market for American farmers and denied that tariffs are inflationary.
Tag Archives tariffs
Trump’s commerce nominee says tariffs not inflationary, wants Canada dairy access
Tariffs could heat up ‘boring’ potash market
Glacier FarmMedia — The global market for potash is stable and somewhat “boring,” says a market watcher. However, that could change soon if U.S. president Donald Trump imposes tariffs on Canadian potash. Each year, Canada exports about seven million tonnes of potash across the border, supplying about 80 per cent of the demand for potassium
Tariff threat already disrupting ag trade
Glacier FarmMedia — In 2023, Canada shipped $8.6 billion worth of canola products to the United States. The vast majority of that was canola oil and meal, which was valued at $8.3 billion. However, those exports were disrupted in the first couple of weeks of January as canola crushers on the Prairies waited on the
Canola prices in a pickle
Canola markets are facing pressure from trade action as Trump tariffs loom, even as supplies tighten
Threatened Trump tariffs have slipped canola prices into a predicament. The commodity’s futures on the Intercontinental Exchange are at a point where values could quickly plummet or spike higher.
Donald Trump, tariff talk and the coming Amerexit
U.S. President Donald Trump’s tariff rhetoric risks breaking down the continent-wide economy the U.S., Canada and Mexico have spent decades building
U.S. President Donald Trump’s tariff rhetoric risks breaking down the integrated trade economy the U.S., Canada and Mexico have spent decades building.
Wheat sector still expecting tariff hit
Trump administration tariffs against Canada probably wouldn’t hit wheat as badly as oats or canola, but sector says less impact is not no impact
U.S. President Donald Trump’s tariffs probably wouldn’t hit Canadian wheat as badly as oats or canola, but sector says less impact is not no impact
Manitoba readies its hand against Trump tariff threat
With tariffs maybe coming Feb. 1, Manitoba’s government and agriculture groups hope to sell U.S. trade partners on the idea that tariffs are bad for both sides of the border
With tariffs maybe coming against Canada Feb. 1, Manitoba’s government and agriculture groups hope to sell U.S. trade partners on the idea that tariffs, as proposed by U.S. President Donald Trump, are bad for both sides of the border
Global grain markets precarious against Trump tariffs
Trump-effect volatility only one of many market moving factors
The Trump effect is just one of the many uncertainties overhanging global crops markets.
Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs
Brooke Rollins, U.S. President Donald Trump's pick to lead the U.S. Department of Agriculture said on Thursday she would consider direct payments to farmers to offset losses from proposed tariffs, modeled after the approach taken in Trump’s first term.
Manitoba Ag Days: ‘Political manipulations’ hold back canola – analyst
If global politics, tariffs and uncertainty were magically removed from the market, canola prices in Canada would likely be $1.50 per bushel higher, says a veteran markets analyst.
Cyber-Savvy Farmer
