U.S. President Donald Trump's plan for a 50 per cent tariff on goods from Brazil will likely raise prices for the beef that is used in American hamburgers, traders and analysts said on Thursday, as food manufacturers increasingly rely on imports during a time of declining domestic production.
Tag Archives beef trade
Trump tariff on Brazilian goods could jack up U.S. burger price
CCA disappointed, not surprised by breakdown in trade talks
Yesterday, federal officials said bilateral negotiations with the UK had been paused amid unhappiness on both sides
The Canadian Cattle Association says it's disappointed but not surprised by the UK's decision to pause talks on its free trade deal with Canada.
“CCA has been following the bilateral negotiations closely and has been concerned at the lack of ambition and cooperation from the UK in these negotiations," said Nathan Phinney, the CCA's president, in a news release late yesterday.
Taiwan formally opens to OTM Canadian beef
BSE-era restriction now lifted
Taiwan has officially lifted its import ban on Canadian beef and beef products from animals over 30 months of age (OTMs). Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau announced the move Friday, saying Taiwan’s decision “will offer an opportunity to expand Canadian beef exports to Taiwan and diversify export markets in the […] Read more
Beef trade gap seen growing as U.K. pact clears Parliament
Interim post-Brexit trade deal gets royal assent
Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after […] Read more
India’s top court suspends ban on trade in cattle for slaughter
New Delhi | Reuters — India’s Supreme Court suspended on Tuesday a government ban on the trade of cattle for slaughter, a boost for the multi-billion dollar beef and leather industries mostly run by members of the Muslim minority. Prime Minister Narendra Modi’s Hindu nationalist government in May decreed that markets could only trade cattle […] Read more
Villagers in India kill Muslim accused of smuggling cows
Dharamsala, India | Reuters –– Villagers in northern India have killed a Muslim man for allegedly smuggling cattle, police said Saturday, in violence critics say is fuelled by the Hindu nationalist government seeking a nationwide ban of cow slaughter and beef trade. India is the world’s largest exporter of beef and its fifth biggest consumer, […] Read more
Canada says only three per cent of beef trade hurt by ban
Ottawa | Reuters — Markets that have closed their borders to Canadian beef after a case of mad cow disease was discovered account for just three per cent of Canadian trade, Agriculture Minister Gerry Ritz said Tuesday. South Korea, Taiwan, Peru and Belarus have imposed trade restrictions on Canadian beef and beef products after Canada […] Read more
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