Tag Archives tariffs

Canada can’t afford to let its food sector be snatched in trade war
It will take political will and investment to maintain a sector vital to Canada’s national security
Canada's food sector was already under stress. Trump's tariff war is another nail in its coffin.

Tyson lifts 2025 sales forecast, prepares for tariff impacts
Strong demand for beef and chicken
U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.

Markets tumble over Trump tariffs, world leaders brace for his next moves
Global financial markets fell on Monday over tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump, while world leaders steeled themselves to respond to his next moves, with the European Union in the firing line.

Agriculture sector braces for impact as tariffs set to become reality
The Canadian agriculture industry is bracing for impact as Trump’s 25 per cent tariffs are set to become reality on Tuesday. U.S. President Donald Trump on Saturday signed an order to place 25 per cent tariffs on Canadian and Mexican imports and 10 per cent on goods from China.

Trump launches trade war with tariffs on Mexico, Canada and China
Canada strikes back with tariffs on $155 billion of US goods; China says it will take Trump to WTO
U.S. President Donald Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China, demanding they stanch the flow of fentanyl - and illegal immigrants in the case of Canada and Mexico - into the United States, kicking off a trade war that could dent global growth and reignite inflation.

Trump set to impose tariffs on Canada, Mexico and China on Feb. 1 White House says
A White House spokesperson said that no tariff announcements were planned for Friday
U.S. President Donald Trump on Saturday will implement tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods with immediate effect, White House spokesperson Karoline Leavitt said on Friday.

Facing Trump tariffs on piglets and crops, Canadian farmers revise sales plans
Canadian farmers are renegotiating livestock contracts with U.S. buyers and finding local markets for crops they previously planned to sell south of the border to minimize the economic hit from potential new U.S. tariffs.

Threat of tariffs looms at Saskatchewan Beef Industry Conference
Cattle groups take advocacy to U.S. livestock producers, say they need to know how tariffs will affect them
The Canadian Cattle Association says threatened 25 per cent tariffs would cut Canadian wholesale beef prices by 13 per cent, but effects would be tempered slightly by the low Canadian dollar.

Steel tariffs could make North American corn more costly
St. Lawrence could see increased freight rates for grains and oilseeds
If President Trump puts tariffs on steel, this will increase freight rates for grains and oilseeds out of the St. Lawrence due to lower vessel traffic.

Trump’s commerce nominee says tariffs not inflationary, wants Canada dairy access
U.S. President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that he will work to increase access to Canada's dairy market for American farmers and denied that tariffs are inflationary.