U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
Canadian farmers reveal concerns ahead of federal election | Part 2
Farmers across Canada talk trade, the business environment and the Canadian economy
Farmers from Ontario, Quebec, Alberta and Manitoba share thoughts on the 2025 federal election and what the government should do to improve trade, the business environment and the Canadian economy.
US beef off the menu as the trade war hits Beijing’s American-style restaurants
US beef exports to China worth $125 million a month at risk
Beijing | Reuters – At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef – once the star ingredient – will soon be off the table. Home Plate’s beef, previously sourced entirely from the U.S., is increasingly Australian. The restaurant uses about 7 to 8 […] Read more
China says it will ignore US ‘tariff numbers game’
China will pay no attention if the United States continues to play the “tariff numbers game”, China’s foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245 per cent due to its retaliatory actions.
Bank of Canada holds rates, says tariffs could cause deep recession
The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.
China, Vietnam support multilateral trade regime amid U.S. tariff pressure
China and Vietnam expressed their support for maintaining a multilateral trade regime centered around the World Trade Organization in a joint statement issued on Tuesday at the end of a two-day visit by Chinese President Xi Jinping.
India forecasts above average monsoon rains in boost to crop output, economy
India is forecasting above-average monsoon rains in 2025 for the second year running. This is expected to increase agricultural production and economic growth.
Canada’s inflation surprisingly slows to 2.3 per cent in March
Canada's annual inflation surprisingly slowed in March to 2.3 per cent, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data showed on Tuesday.
ADM halting domestic trading in China, cutting jobs in Shanghai
Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said in an emailed statement on Monday.
What are the thorny farm issues in India-US trade negotiations?
India and the United States have finalized the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade worth $500 billion by 2030.