Canada offered tariff relief on some steel and aluminum products imported from the U.S. and China, a government document showed, in efforts to help domestic businesses battered by a trade war on two fronts.
Canada offers tariff relief to some steel, aluminum products from U.S., China
China imports no U.S. soybeans in September for first time in seven years
China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world’s two largest economies.
Western Australia could reap record harvest as crop estimates rise again, GIWA says
Western Australia will produce nearly 1 million metric tons more wheat this season than was expected a month ago, an industry group said on Friday.
Canada and China discuss disputes over canola and EVs, says Ottawa
Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough.
Canada, Mexico look beyond U.S. as agri-food trade pact expands
Earlier this week Heath MacDonald, Canada’s Minister of Agriculture and Agri-Food and Mexico’s Secretary of Agriculture and Rural Development, Julio Berdegué, met to discuss bilateral relations and strengthen cooperation and trade ties between the two countries.
Carney expects to meet senior China leaders, sidesteps question on tariffs
Prime Minister Mark Carney on Thursday said he expected to meet senior Chinese leaders soon but sidestepped a question about dropping tariffs on Chinese electric vehicles in exchange for relief from Beijing’s duties on canola.
China holds off on soybean purchases due to high Brazil premiums, traders say
China has yet to secure much of its soybean supply for December and January as high premiums for Brazilian cargoes discourage buyers.
Grain trader Bunge lowers 2025 profit forecast after closing Viterra deal
U.S. grain trader and processor Bunge on Wednesday lowered its 2025 earnings forecast following its merger with Viterra, and said it is overhauling segment and volume reporting to align with its integrated operations.
Trump mulls ending some trade ties with China, including in relation to cooking oil
U.S. President Donald Trump said on Tuesday Washington was considering terminating some trade ties with China, including in relation to cooking oil.
Russia’s seaborne grain exports fell 10 per cent year-on-year in September, data shows
Russia’s seaborne grain exports fell to 5.1 million metric tons in September, 10.1 per cent down on the same month of 2024, according to shipping data.