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Tag Archives Global trade

File photo (PinkBattousai/iStock/Getty Images)
News, Reuters

Mexico agriculture minister says reached deals with US counterpart, met with tomato sector

By Cassandra Garrison, Reuters May 7, 2025
Mexican Agriculture Minister Julio Berdegue said on Tuesday he reached agreements with U.S. counterpart Brooke Rollins in a "friendly" meeting in Washington and met with tomato industry executives, but did not elaborate further.

Mexico now top buyer of U.S. ag commodities
Markets, News

Mexico now top buyer of U.S. ag commodities

A growing demand for meat, poultry and dairy has increased the country’s feedgrain imports from the United States

By Sean Pratt May 6, 2025
A growing demand for meat, poultry and dairy has increased the country’s feedgrain imports from the United States


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.

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.


Bags of Doritos on a store shelf. Doritos are made by Frito Lay, a subsidiary of PepsiCo. REUTERS/Dado Ruvic
News, Reuters

Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs

Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’

By Reuters April 24, 2025
Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.

Photo: Getty Images
Markets, News, Reuters

US signals willingness to de-escalate trade war with China

Soybean futures jump on hopes of lower trade barriers

By David Lawder, Trevor Hunnicutt April 23, 2025
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.


Photo: iStock/Getty Images
News, Reuters

China says it will ignore US ‘tariff numbers game’

By Reuters April 17, 2025
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.

Photo: Thinkstock
Crops, Reuters

IGC raises world corn crop forecast, trims wheat

By Reuters April 17, 2025
The International Grains Council (IGC) has raised its forecast for 2025/26 global corn production, driven by an improved outlook in sub-Saharan Africa and the United States.


Photo: Thinkstock
News, Reuters

China Q1 pork output rises 1.2 per cent year-over-year, oversupply pressures persist

By Reuters April 16, 2025
China's pork output rose 1.2 per cent in the first quarter of 2025 from a year earlier to 16.02 million metric tons, helped by a rise in breeding sows last year, pre-holiday slaughter and heavier hog weights.

Photo: Juanmonino/Getty Images Plus
Livestock, News

Next government must help Canadian pork sector through Chinese tariffs says meat council

Council says government should avoid scenarios that make sectors like agriculture collateral damage

By Jonah Grignon April 15, 2025
Federal parties must recognize the losses Canada’s pork sector will face from Chinese tariffs, says Chris White, president and CEO of the Canadian Meat Council (CMC).


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