The U.S. and China announced they'd reached a deal to temporarily cut tariffs in a move that offered a reprieve to global economies.
Tag Archives retaliatory tariffs
U.S. and China reach deal to temporarily slash tariffs
‘Very positive news’ for countries’, global economies says analyst
Ahead of China talks, Trump says 80 per cent tariffs ‘seems right’
U.S. President Donald Trump said on Friday that 80 per cent tariffs on Chinese goods "seems right;" making his first suggestion of a specific alternative to the 145 per cent levies he has imposed on China ahead of weekend talks to contain a trade war between the world’s two biggest economies.
Government support for electric vehicle sector threatens agriculture says federation
The Canadian Federation of Independent Business is asking the federal government to re-assess its subsidies for electric vehicles and battery manufacturing in Canada.
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
Next government must help Canadian pork sector through Chinese tariffs says meat council
Council says government should avoid scenarios that make sectors like agriculture collateral damage
Federal parties must recognize the losses Canada’s pork sector will face from Chinese tariffs, says Chris White, president and CEO of the Canadian Meat Council (CMC).
Tariff uncertainty reminiscent of COVID era says Iowa pork producer
U.S. hog group lobbied the Canadian government for exemption from counter-tariffs
An Iowa pork producer says the ebb and flow of tariffs has introduced major uncertainty into his sector. “The goal posts keep getting moved,” said Aaron Juergens.
EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals
Trump ratchets tariffs on China even higher; China says it will “follow through to the end”
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.
ICE Canola Weekly: Canola prices rise despite trade wars
Canadian oilseed thrives amidst Chinese tariffs
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.
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.