Canadian food and beverage makers have begun to feel the pinch of trade tensions with the U.S. according to a new forcast by Farm Credit Canada, which downgraded sales growth predictions from the start of the year.
Food and beverage makers’ sales predicted to slide on trade tensions: FCC
Under Trump, U.S. cedes its share of China’s beef market to Australia
Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
Canada to boost Indonesia exports to diversify non-U.S. trade, says minister
Canada aims to establish duty-free access for up to 95 per cent of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade agreement with one of Southeast Asia’s biggest markets and a major importer of Canadian wheat.
Bank of Canada head expresses concern about Trump’s Fed actions
Bank of Canada Governor Tiff Macklem on Tuesday expressed concern about President Donald Trump’s attempts to pressure the U.S. Federal Reserve, saying his actions had started to hit financial markets.
Carney expects ‘constructive’ trade talks with China to deepen
Prime Minister Mark Carney said he had “constructive” trade talks with Chinese Premier Li Qiang on the sidelines of the U.N. assembly in New York and covered agri-food products like canola as well as seafood and electric vehicles.
China trade envoy meets US Midwest delegation as agriculture exports loom large in talks
Senior Chinese trade negotiator Li Chenggang met political and business leaders from the U.S. Midwest. Analysts speculate the region’s food exports will be key to any U.S.-China trade deal.
Trade mission heads for Japan as Canada becomes the country’s top pork supplier
Canadian pork industry members are headed to Japan on a trade mission this week as Canada supplants the U.S. as Japan’s top pork supplier.
Canada could diversify $12 billion in farm and food exports away from U.S. says FCC
Canada could move $12 billion worth of food and beverage exports to non-U.S. markets according to a new report from Farm Credit Canada.
Canada, Mexico announce new partnership
Canada and Mexico announced a new partnership between the two countries intended to strengthen economic and security ties.
Survey says Canadians support canola producers over EV tariffs
The majority of Canadians are in favour of lowering tariffs on Chinese electric vehicles if it would help improve market access for Canadian canola according to new data from the Angus Reid Institute.
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