Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
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Tag Archives agricultural trade
Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic
Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China
North American biofuels sector contracts amid trade and policy uncertainty
U.S. and Canadian biofuel companies are throttling back production to limit losses amid uncertainty over U.S. President Donald Trump's approach to green fuel subsidies and the potential for a worsening trade war.
China renews export registrations for US pork, poultry plants, industry groups say
Beijing has renewed registrations that allow hundreds of U.S. pork and poultry facilities to export to China, industry groups said on Monday, after lapses threatened shipments to the world's largest meat importer.
Rubio says US could engage in new trade deals after tariffs imposed
Not about Canada, Mexico, EU, says Rubio, “It’s everybody”
Once the United States has imposed tariffs on its major trading partners it could engage in bilateral talks with countries on new trade arrangements, Secretary of State Marco Rubio said on Sunday.
Trade tensions highlight need to diversify, strengthen Canada’s food export markets says RBC
New RBC report outlines recommendations to reclaim Canada’s sagging global marketshare and create new agri-food exports
Canada’s agriculture sector is heavily reliant on the US. A new report outlines how diversifying agri-food exports to new markets could boost Canada’s economy by billions and secure its place as a global food leader.
Trump says Canada, Mexico tariffs on schedule despite border, fentanyl efforts
President Donald Trump said on Monday that tariffs on Canadian and Mexican imports are "on time and on schedule" despite efforts by the countries to beef up border security and halt the flow of fentanyl into the U.S. ahead of a March 4 deadline.
China’s Dec imports of Canadian canola decline
Anti-dumping probe more likely to affect 2025/26 exports, FCC says
China's imports of Canadian canola, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday.
EU and Mexico revive stalled trade deal as Trump tariffs loom
The two parties are seeking to add farm produce, services, investment and other goods to the agreement
The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.
Researchers call for rapid adaptation to global trade environment
Canada must prepare for a future featuring a less friendly trade environment, says a new policy note authored by two leading policy analysts. Al Mussell and Ted Bilyea, researchers at Agri-Food Economic Systems Research, said the recent action by China on Canadian canola illustrates their point.
Tariffs on Chinese EVs prompt canola worries
Some people are wondering if canola could once again be in China’s crosshairs if the country retaliates against a series of new punitive tariffs announced by Canada on Monday.
Cyber-Savvy Farmer
