China's 75.8 per cent tariffs against Canadian canola seed called 'unjustified' spark calls for immediate federal response from Canada's Liberal government.
Parties unitedly condemn China tariffs on Canadian canola
China’s 75.8 per cent tariffs against Canadian canola seed called ‘unjustified,’ spark calls for immediate federal response from Canada’s Liberal government
India’s Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Urges self-reliance
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
Chinese anti-dumping duties shut market to Canadian canola
With diminished supplies a pull-back of exports was already expected analysts say
China has effectively shut the door on purchases of Canadian canola by announcing a preliminary anti-dumping duty of 75.8 per cent on imports of the oilseed to start on Thursday, Aug. 14.
Smithfield Foods raises annual profit forecast as hog business recovers
Smithfield Foods raised its annual operating profit forecast on Tuesday as its hog business rebounded from losses and the biggest U.S. pork processor said it resumed U.S. exports to China that had been crippled by tariffs.
Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue
As trade talks with the U.S. continue, the Canadian Cattle Association says it's pleased to see a focus on the upcoming review of the Canada-U.S.-Mexico trade agreement (CUSMA) while maintaining tariff-free access for CUSMA-compliant goods.
Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.
U.S. restaurants lobby against tariffs ahead of Aug. 1 deadline
Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court
Ahead of the August 1 tariff deadline, an American restaurant group has sent a letter to U.S. trade representative Jamieson Greer expressing concerns and urging for continued exemptions under the CUSMA trade agreement. Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court.
Australia nears breakthrough canola deal with China, sources say
Phytosanitary rules have restricted Australia’s canola exports to China
Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.
U.S. signals trade announcements imminent as deadline looms
Treasury secretary says inbox full of trade offers
The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal before a July 9 deadline.
India’s Modi to attend G7 summit in Canada
India and Canada to work together “with renewed vigour”
India's Prime Minister Narendra Modi said he looked forward to meeting his Canadian counterpart Mark Carney during the G7 summit, after the latter invited him to the gathering over a phone call on Friday.
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