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Tag Archives international trade — page 15

Cheddar cheese is one area that is subjected to high U.S. import tariffs.
News

U.S. dairy tariffs block many imports

An analysis says the U.S. isn’t the great free-trader in dairy it makes itself out to be

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If you listen to U.S. President Donald Trump, the United States is a free-trading hero that is being abused by protectionist “freeloaders” like Canada. Especially with Canadian restrictions on dairy imports, the U.S. president has presented an image of fair-trading American dairy farmers being taken advantage of by outrageous Canadian rules to protect that country’s […] Read more
The larger tariffs are on steel and aluminum and over the longer term, that will affect prices of everything from tractors to hog penning.
News

Tarif-fying or not?

What does the escalating global tariff war mean for Ontario farmers?

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The global trade dispute between a protectionist United States and many of its trading partners, including Canada, the European Union and China has Ontario farmers struggling to deal with an unknown outlook. There have been little hiccups on trade in the past, but since the Canada-U.S. Free Trade Agreement, which morphed into the North American […] Read more
Canada and the U.S. are now in a trade war and its duration and impact on the economy of both countries remains to be seen.
News

Opinion: Length of trade war is the big question

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Increased protectionism within the global trading environment is causing major shifts in how countries do business — and world leaders are scrambling to keep pace. Despite the existence of highly integrated economies, protectionism is growing in popularity — spurred on by a White House that seems to be doing everything in its power to cut […] Read more
Editorial: Politics and the markets
Markets, Markets/Business

Editorial: Politics and the markets

Trade jitters around the world haven’t moved agriculture markets much, but a recent market drop may be the start

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The advent of the age of geopolitics based on whim and emotion has pressured agricultural commodities in ways I haven’t seen the like of in my career. Yet, commodity prices haven’t moved nearly as much as I expected, given U.S. President Donald Trump’s bombastic threats, bullying and policy creation on the fly, often aimed at […] Read more
On June 1, the Trump administration imposed import tariffs on Canadian steel and aluminum products of 25 per cent and 10 per cent.
News

OPINION: The sleeping giant keeps thrashing about trade

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In the 2001 Hollywood classic Pearl Harbour, Japanese Admiral Yamamoto utters what is likely one of the film’s most iconic quotes. “I fear all we have done is to awaken a sleeping giant,” he says shortly after Japanese Imperial Forces bomb Pearl Harbour in 1941. The sleeping giant is the United States, which was dragged […] Read more
The early corn planted in Ontario is up and growing. World supplies of corn are tight.
Markets

Calmer U.S.-China relations have helped stabilize commodities markets

We are now in a weather market, especially for corn with quite tight stocks

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Grain and oilseed markets have been digesting a calmer tone between Washington and Beijing regarding tariffs. Quick look: Soybeans: Widening futures spreads and strengthening Canadian dollar will likely bring down Ontario soybean basis levels. Corn: Tight supplies mean corn prices are sensitive to weather, but funds show they expect the tightest supply to happen next […] Read more

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