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.
Tag Archives retaliatory tariffs — page 3

ICE Canola Weekly: Canola prices rise despite trade wars
Canadian oilseed thrives amidst Chinese tariffs

Trump temporarily lowers tariffs for most countries, raises them for China
White House reverses initial statements, says Canada, Mexico not subject to 10 per cent global tariffs
Canada and Mexico will be subject to the same 10 per cent tariff as many other countries, CBC reported Tuesday. The news came as U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher.

How are U.S. tariffs affecting American agricultural trade so far?
“Irreplaceable” market China has already decreased reliance on American soy, corn
New deals could be struck with over tariffs “perhaps even by the end of the week,” U.S. Agriculture Secretary Brooke Rollins told Fox News on Tuesday as the country’s self-made trade war threatened markets for American farm goods.

Mexico seeks to avoid retaliatory tariffs against US, but not ruling them out
Mexican President Claudia Sheinbaum said on Monday her government would like to avoid imposing tariffs on the United States in response to President Donald Trump's sweeping tariff plans, though she said they could not be ruled out.

Tariffs throw US, Canadian farm machinery manufacturers into turmoil
All around a recent farm show in Canada, equipment salespeople struggled to swing deals with farmers worried about tariffs. With some combines costing more than $800,000, a surprise price hike from a tariff would be a hit most farm budgets cannot easily take.

China retaliation on US farm goods hits soybeans, bolstering Brazil
China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agriculture goods including Brazil, a shift that began during the trade war of President Donald Trump's first term.

What do new widespread tariffs mean for Canadian agriculture and food?
Canada, Mexico not subject to new global rates, but plenty of economic factors could hit home
Retaliation against new U.S. tariffs from key agricultural producing regions like China and the EU will be worth monitoring in coming weeks.

ICE Canada Weekly: U.S. tariffs may not topple canola market
Potential U.S. tariffs on Canadian canola imports may not cause prices to come down, according to an analyst.

White House says Trump will impose tariffs on April 2 ‘Liberation Day’
Canadian farmers, agri-food sectors in flux as multi-front trade war evolves
The Canadian agricultural sector is under pressure as U.S. President Donald Trump is expected to announce more tariffs on April 2. Prime Minister Mark Carney has pledged retaliation.

Canada will respond to Trump auto tariffs with its own trade actions, Carney says
Canadian Prime Minister Mark Carney said on Thursday that he would respond with unspecified trade actions if U.S. President Donald Trump imposes new auto tariffs.