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Tag Archives China

US and China reach deal to temporarily slash tariffs
News, Reuters

U.S. and China reach deal to temporarily slash tariffs

‘Very positive news’ for countries’, global economies says analyst

By emma-farge, Olivia Le Poidevin, Reuters May 12, 2025
The U.S. and China announced they'd reached a deal to temporarily cut tariffs in a move that offered a reprieve to global economies.

A farmer in China piles wheat.  Photo: Reuters/File
Markets, News, Reuters

China buys Canadian, Australian wheat as heat hits crop, traders say

By Gus Trompiz, Michael Hogan, Peter Hobson, Reuters May 9, 2025
Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.


China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says
News, Reuters

Ahead of China talks, Trump says 80 per cent tariffs ‘seems right’

By Doina Chiacu, Reuters May 9, 2025
U.S. President Donald Trump said on Friday that 80 per cent tariffs on Chinese goods "seems right;" making his first suggestion of a specific alternative to the 145 per cent levies he has imposed on China ahead of weekend talks to contain a trade war between the world’s two biggest economies.

Photo: Pavlo Gonchar / SOPA Images/Sipa USA
News, Reuters

Bunge’s merger with Viterra stalled by US-China trade tensions, Bloomberg reports

By Reuters May 2, 2025
Bunge Global's $34 billion merger with Glencore-backed Viterra is being stalled by trade tensions between the U.S. and China, Bloomberg News reported on Friday, citing people familiar with the matter.


Crush plants on the Prairies are going flat out these days, including the four in Alberta at Lloydminster (ADM), Fort Saskatchewan (Bunge), Camrose (Cargill) and Lethbridge (Richardson).  Photo: iStock
News

China pivots to Europe for used cooking oil exports as tariffs hit shipments to US

By Chen Aizhu, Reuters, Trixie Yap April 30, 2025
China's used cooking oil exports to the United States, its largest buyer, are set to plunge in coming months due to steep tariffs, forcing sellers to divert shipments to Europe and elsewhere, industry players said.

Photo: Smederevac/Getty Images Plus
News, Reuters

Smithfield Foods says tariffs make China unviable market for its US pork

By Reuters, Savyata Mishra, Tom Polansek April 29, 2025
China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday.


An FD2 FlexDraper header at work in a soybean crop in Saskatchewan. (Macdon.com)
Markets, News, Reuters

Brazil to export more soy to China amid trade war, Abiove says

By Reuters April 25, 2025
Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.

Photo: Getty Images
News, Reuters

China denies Trump’s claim of trade talks between the battling nations

China has exempted some U.S.-made pharaceuticals, chemicals from tariffs say business groups

By Andrew Silver, Gram Slattery, Reuters, Trixie Yap April 25, 2025
China refutes Donald Trump's claims that it is in trade talks with the U.S. China has waived tariffs on some U.S.-made pharmaceuticals, chemicals and other goods say business groups.


(Dragos Cojocari/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Hogs slip on news China cancelled some U.S. pork shipments

By Geralyn Wichers April 24, 2025
Most Chicago lean hog futures slid on Thursday as the U.S. Department of Agriculture reported China had canceled 12,000 metric tons of U.S. pork exports in the week ending April 17.

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg
Canola, Markets

ICE Canada Weekly: Canola in a good position

July contract to hit C$700/tonne, just when?

By Glen Hallick Marketsfarm April 23, 2025
Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.


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