Beijing is exploiting Trump-era uncertainty to stitch its manufacturing base into the world’s biggest economic blocs, aiming to end decades of U.S. trade leverage.
Farm-machinery maker Deere & Co raised its annual profit forecast and beat first-quarter results estimates on Thursday citing cost-cutting initiatives to protect margins and recovery in its construction and small agriculture units.
Canada’s trade deficit narrowed in December even as its share of exports to the United States dropped to the lowest level on record, barring two months during the peak of the COVID-19 pandemic, data showed on Thursday.
U.S. President Donald Trump on Wednesday signed an executive order invoking the Defense Production Act to ensure an adequate U.S. supply of elemental phosphorus and glyphosate-based herbicides, the White House said.
Nutrien missed analysts’ expectations for fourth-quarter profit on Wednesday, as lower sales in its crop nutrients business weighed on the world’s top potash producer.
Bayer said on Tuesday its Monsanto unit had filed a proposed U.S. class settlement totalling as much as $7.25 billion (C$9.89 billion) aimed at resolving all current and future claims that its Roundup weedkiller caused cancer.
Canadian Prime Minister Mark Carney announced on Monday the appointment of public servant Janice Charette as the next chief trade negotiator to the United States for the review of the CUSMA trade agreement.
Global manufacturer of farm and construction equipment CNH Industrial on Tuesday forecast full-year profit below Wall Street estimates, as low crop prices, high input costs and shifting trade policies weigh on demand for agricultural machinery.
General Mills cut its annual core sales and profit forecasts on Tuesday as the Cheerios cereal maker contends with a volatile economic backdrop and evolving consumer tastes.