Bunge Global's $34 billion merger with Glencore-backed Viterra is being stalled by trade tensions between the U.S. and China, Bloomberg News reported on Friday, citing people familiar with the matter.
Tag Archives China
Bunge’s merger with Viterra stalled by US-China trade tensions, Bloomberg reports
China pivots to Europe for used cooking oil exports as tariffs hit shipments to US
China's used cooking oil exports to the United States, its largest buyer, are set to plunge in coming months due to steep tariffs, forcing sellers to divert shipments to Europe and elsewhere, industry players said.
Smithfield Foods says tariffs make China unviable market for its US pork
China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday.
Brazil to export more soy to China amid trade war, Abiove says
Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.
China denies Trump’s claim of trade talks between the battling nations
China has exempted some U.S.-made pharaceuticals, chemicals from tariffs say business groups
China refutes Donald Trump's claims that it is in trade talks with the U.S. China has waived tariffs on some U.S.-made pharmaceuticals, chemicals and other goods say business groups.
U.S. livestock: Hogs slip on news China cancelled some U.S. pork shipments
Most Chicago lean hog futures slid on Thursday as the U.S. Department of Agriculture reported China had canceled 12,000 metric tons of U.S. pork exports in the week ending April 17.
ICE Canada Weekly: Canola in a good position
July contract to hit C$700/tonne, just when?
Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.
Government support for electric vehicle sector threatens agriculture says federation
The Canadian Federation of Independent Business is asking the federal government to re-assess its subsidies for electric vehicles and battery manufacturing in Canada.
CBOT Weekly: Planting pace outweighs Trump comments
Rapid planting paces for major U.S. crops outweighed President Donald Trump's comments on trade with China at the Chicago Board of Trade during the week ended April 23.
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
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