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.
Tag Archives China
Tariffs make pork business more complicated, Smithfield Foods CEO says
Exports to China, imports of Canadian weanlings caught in tariff crossfire
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.
Pulse Weekly: China includes peas in tariff threat
India extends duty-free period on yellow pea imports
Canadian yellow peas were hit with bad news on March 7, but the pulse received good news on March 10. In the bad news, China announced that Friday it's prepared to impose 100 per cent tariffs on its pea imports from Canada effective March 20, as well as imports of canola oil and canola meal. Plus there are to be 25 per cent levies on imports of Canadian pork and aquatic products.
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.
China on track for another bumper wheat harvest, says COFCO International
China is expecting to produce another abundant wheat harvest this year due to favorable weather, a COFCO International executive said Thursday
China to boost food imports from Latin America, Europe as US trade war escalates
China's new tariffs on U.S. farm goods are poised to reshape global trade flows, prompting the world's top agricultural importer to source more meat, dairy and grains from countries in South America, Europe and the Pacific.
China’s pulses to inch higher in 2024/25 says USDA attaché
Production has been shrinking
Total pulse production in China has been projected to increase slightly to 983,000 tonnes in 2024/25 compared to the 959,000 tonnes harvested the year before, according to the United States Department of Agriculture's attaché; in Beijing.
Trump triggers trade war with tariffs on Canada, China and Mexico
Canada to retaliate
U.S. President Donald Trump's new 25 per cent tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20 per cent, sparking trade wars that could slam economic growth and lift prices for Americans still smarting from years of high inflation.
Cyber-Savvy Farmer
