GFM Network News


China hits Australia with barley tariff

Duty to last for five years; China may turn to Canada, other exporters

Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more







NAFTA negotiators hone in on origin rules, dispute settlement

Washington | Reuters — U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the region, services trade and a controversial dispute settlement system. A copy of the NAFTA negotiating agenda obtained by Reuters […] Read more





Trump’s trade nominee pledges tough enforcement

Washington | Reuters — U.S. President Donald Trump’s choice for the top trade negotiator on Tuesday pledged an “America First” strategy to aggressively enforce U.S. laws and trade deals to stop unfair imports and push China to scrap excess factory capacity. Robert Lighthizer, the U.S. Trade Representative nominee, told senators at his confirmation hearing that […] Read more

The downside of farm subsidies

Government money is usually welcomed but those 
who take it soon learn it can come with a heavy price

There are certain aspects of farming around the globe that are subsidized either directly or indirectly. In the world of trade, these are sensitive issues. For example, what is the true level of subsidization in China? How does it enhance its competitive advantage? What is the real cost of production? We have many guests in […] Read more