CNS Canada — Pork producers in Western Canada are still grappling with old problems even as new opportunities present themselves in the export market, according to presenters at the Manitoba Pork Council’s annual general meeting Thursday in Winnipeg. Canadian pork exports in 2017 totaled 1.29 billion tonnes to a tune of $4 billion. On its […] Read more
Pork producers tackle new challenges, opportunities in 2018
Asia-Pacific nations sign sweeping trade deal without U.S.
Santiago | Reuters — Eleven countries including Canada and Japan signed a landmark Asia-Pacific trade agreement without the U.S. on Thursday in what one minister called a powerful signal against protectionism and trade wars. The deal came as U.S. President Donald Trump vowed earlier in the day to press ahead with a plan to impose […] Read more
Final version of Trans-Pacific trade deal released
Wellington/Sydney | Reuters — The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific’s fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the U.S. More than 20 provisions have been suspended or changed in the final […] Read more
Canada in on TPP pact, to be signed in March
Tokyo | Reuters — Eleven countries aiming to forge a Asia-Pacific trade pact after the U.S. pulled out of an earlier version will sign an agreement in Chile in March, Japan’s economy minister said on Tuesday. Trade officials had been meeting in Tokyo to resolve rifts including Canada’s insistence on protections for its cultural industries […] Read more
TPP seen critical for beef sales growth in Japan
Canadian beef producers could be out millions of dollars in new exports if Canada is shut out of the Trans-Pacific Partnership (TPP). Why is it important? Beef exports, especially from Ontario, have been growing significantly to Japan and elsewhere in Asia. Allowing other competitors such as Mexico and New Zealand better access to that market, […] Read more
TPP talks without U.S. near final stretch
Urayasu, Japan | Reuters — The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged toward sealing a comprehensive free trade pact after New Zealand agreed to amend laws that are not subject to TPP, to enable its ban on foreign home purchases. The pact aims to eliminate tariffs on industrial […] Read more
Japan to propose changes to beef import safeguards in talks with U.S.
Tokyo | Reuters — Japan will propose changes to its safeguard mechanism on frozen U.S. beef imports that will shorten review periods and allow importers to voluntarily lower import volumes to prevent tariffs from automatically kicking in, two government sources said on Thursday. The proposal will be made at the second round of the U.S.-Japan […] Read more
Japan beef tariff hike threatens trade relations: Perdue
Chicago / Reuters – Japan’s decision to hike tariffs on frozen beef imports from the United States could disrupt sales and harm trade relations between the two countries, U.S. Agriculture Secretary Sonny Perdue said on Friday. Japan will raise tariffs from August on imports of frozen beef, popular in beef bowl dishes, from the United […] Read more
EU, Japan officials seal trade agreement
Brussels | Reuters — Japan and the European Union should agree on Thursday to a free trade pact that could be completed within months, after senior officials removed final snags to a political deal intended as a signal to U.S. President Donald Trump. “We ironed out the few remaining differences,” European Trade Commissioner Cecilia Malmstrom […] Read more
Pacific trade pact nations meet to discuss future without U.S.
Ottawa | Reuters — Negotiators from the remaining members of the Trans-Pacific Partnership (TPP) gathered in Canada on Tuesday seeking ways to boost free trade in the region after the U.S. pulled out of the 12-nation pact. The withdrawal killed off years of negotiations and left the region looking for ways to deepen economic ties […] Read more
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