Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.
Tag Archives tariffs — page 12

ICE Weekly: No end in sight for canola’s downfall
U.S., China tariffs sink canola prices

Tariffs make pork business more complicated, Smithfield Foods CEO says
Exports to China, imports of Canadian weanlings caught in tariff crossfire
Tariffs make it more complicated for Smithfield Foods, the biggest U.S. pork processor, to sell all parts of a pig, CEO Shane Smith said on Wednesday, and may disrupt imports of Canadian weanlings.

Trump’s steel, aluminum tariffs take effect
EU to impose counter tariffs on $28 billion of US goods, including agricultural products
U.S. President Donald Trump’s increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.

Changes to Advance Payments Program pleases Canadian Cattle Association
The Canadian Cattle Association says it’s pleased to see the interest-free portion of the Advance Payments Program continue at $250,000.

China tightens trade rules as Canadian tariffs spark price volatility
Zhengzhou Exchange on Tuesday raised the trading margin requirements for some rapeseed (canola) meal futures contracts to 9 per cent from seven per cent after Beijing's 100 per cent tariff on Canadian imports triggered a two-day rally that pushed prices to a five-month high.

Trump says he’ll double tariffs on Canadian metals, calls for tariffs to be dropped on dairy
U.S. President Donald Trump says he will double tariffs on Canadian metals to 50 per cent, and called for removal of "Anti-American farmer" tariffs on dairy.

Chinese rapeseed meal, oil contracts surge after tariffs on Canadian imports
Zhengzhou rapeseed (canola) meal and oil contracts jumped on Monday, the first day of trade since China decided to impose 100 per cent tariffs on imports of those agricultural products from Canada.

China hits back at Canada with fresh agriculture tariffs
China announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by U.S. President Donald Trump's tariff threats.

New Chinese tariffs “devastating” to Canadian ag sector
Ag groups decry latest trade action
A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.

Tariffs – where do we stand now?
As of March 7, goods under CUSMA were exempted from U.S. tariffs until April 2. Canadian tariffs on $30 billion of American goods remained in place.