A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm.
Tag Archives tariffs
Canada-U.S. relationship can weather trade disruptions, MacAulay says of Trump tariff threat
Bank of Canada says Trump’s proposed tariffs would impact both economies
The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Canada wants Mexico in USMCA trade pact despite China concerns, source says
Canada wants Mexico to stay in a continental trade pact despite concerns about China possibly using it as a back door to flood the North American market, a source directly familiar with the matter said on Wednesday.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
Trump victory puts spotlight on trade
U.S.-Mexico-Canada Agreement, tariffs among policies subject to change under the Republicans
Trump’s pledges to boost competitiveness and renegotiate the United States-Mexico- Canada Agreement (USMCA) as well as the potential to impose trade sanctions could spell difficulties for Canadian producers.
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies
Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth.
Trump election could intensify pressures on Canadian agriculture, experts say
The morning after Donald Trump's election to his second term as U.S. president, Canadian farm and food leaders are considering how this could shift trade priorities for Canadian agri-food.
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies
Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth.
Trump’s tariffs would reorder trade flows, raise costs, draw retaliation
Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports.
EU slaps tariffs on Chinese EVs, risking Beijing payback
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 per cent at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.
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