The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.

Bank of Canada holds rates, says tariffs could cause deep recession

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
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).

Canadian Meat Council calls for federal support for pork processors, producers
Some packers are projecting losses of over $100 million this year in face of Chinese tariffs, council says
The Canadian Meat Council says pork processors and farmers need targeted support from the federal government to maintain the viability of packers and to not lose jobs.

What are the thorny farm issues in India-US trade negotiations?
India and the United States have finalized the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade worth $500 billion by 2030.

Tariff uncertainty reminiscent of COVID era says Iowa pork producer
U.S. hog group lobbied the Canadian government for exemption from counter-tariffs
An Iowa pork producer says the ebb and flow of tariffs has introduced major uncertainty into his sector. “The goal posts keep getting moved,” said Aaron Juergens.

China expands access for Spanish pork as trade tensions with US mount
China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.

Canada – U.S. trade uncertainty appears to be here for the long haul
Farmers advised to get a lawyer to read through sales contracts to explain what happens when tariffs are imposed
Reading Time: 5 minutes With trade tensions between Canada and the U.S. seemingly here to stay for the foreseeable future, one experts advises producers to consult a lawyer for proper understanding of the impact of tariffs.

EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals
Trump ratchets tariffs on China even higher; China says it will “follow through to the end”
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.

European wheat to benefit from U.S.-China trade war: Strategie Grains
U.S. trade war could make EU wheat more attractive to China
European Union soft wheat is set to benefit from the escalating trade war between the United States and China, consultancy Strategie Grains said, as it raised its output estimates for all major EU cereals this year due to improved growing conditions.

ICE Canola Weekly: Canola prices rise despite trade wars
Canadian oilseed thrives amidst Chinese tariffs
Despite the trade war between the United States and practically every other country, canola prices were on the rise for the week ended April 9, 2025.