Sydney | Reuters — China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door on a trade worth about A$1.5 billion (C$1.4 billion) in 2018. The rejection comes after Australia sought a formal review over duties totalling 80.5 per […] Read more
Tag Archives tariffs — page 30
China rejects Australia’s appeal to remove barley tariff
Pulse weekly outlook: Peas, lentils see some strength
Lentil trade watching India
MarketsFarm — Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. “On the yellow pea side, it’s China, and on lentils, it’s basically India,” Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50 […] Read more
India restores reduced tariff on lentil imports
All but U.S. lentil imports to get better break on duty, again
India has reinstated a reduced-rate tariff on imports of lentils from Canada as well as from all lentil-exporting nations other than the United States. Saskatchewan Pulse Growers on Friday reported receiving a Sept. 17 notification of amendment from India’s finance ministry regarding customs tariffs on lentils, which in Canada’s case had snapped back to 33 […] Read more
U.S. to remove tariffs on Canadian aluminum
Ottawa drops threat of retaliation on stock trailers, fencing, other aluminum goods
Washington/Ottawa | Reuters — The Trump administration said on Tuesday it will remove 10 per cent U.S. tariffs on raw Canadian aluminum as long as imports of the metal stay below levels that are expected to “normalize” over the next four months. In response, Canada dropped a threat to impose billions of dollars of retaliatory […] Read more
Canada may unveil retaliatory tariffs on U.S. goods Tuesday
Stock trailers could be among affected aluminum wares
Ottawa | Reuters — Canada will announce on Tuesday that it is going ahead with a threat to slap retaliatory tariffs on U.S. goods after Washington said it would impose punitive measures on Canadian aluminum imports, CTV said on Monday. Deputy Prime Minister Chrystia Freeland said last month that Ottawa would impose sanctions on $3.6 […] Read more
New finance minister Freeland no longer to spearhead U.S. relations
Ottawa | Reuters — Chrystia Freeland will no longer be in charge of spearheading diplomatic relations with the United States now that she is Canada’s new finance minister, three government sources told Reuters Wednesday. Prime Minister Justin Trudeau had made Freeland his main U.S. go-between when he named her deputy prime minister after last year’s […] Read more
CUSMA pact takes effect under cloud of disputes, COVID-19
Deal appears to assure continuity of trade for agriculture
Washington/Mexico City/Ottawa | Reuters — A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum […] Read more
Pulse weekly outlook: Levy cut an opportunity for Canadian lentils
MarketsFarm — Canadian lentils should benefit from India lowering its import levy on lentils from 30 to 10 per cent, said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The announcement, made June 2, was intended to reduce lentil prices in the country. India’s Ministry of Agriculture and Farmers’ Welfare estimated the lentil crop […] Read more
India reduces tariffs on lentils
Reduction set for all lentil imports except from U.S.
MarketsFarm — India is temporarily reducing import tariffs on lentils originating from most countries. The India government’s Central Board of Indirect Taxes and Customs on Tuesday posted “Notice 26/2020-Customs,” which lowers import taxes on most lentils entering the country, from 30 per cent to 10 per cent. The reduction, which takes immediate effect, runs until […] Read more
China hits Australia with barley tariff
Duty to last for five years; China may turn to Canada, other exporters
Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more
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