A former World Trade Organization boss has said the future terms of global trade, rocked by U.S. President Donald Trump’s sweeping protectionist tariffs, could be decided outside the 30-year-old international watchdog unless it reforms itself fast.
Tag Archives Global trade
WTO chiefs past and present demand rapid reform to keep global free trade alive
EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals
Trump ratchets tariffs on China even higher; China says it will “follow through to the end”
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.
How are U.S. tariffs affecting American agricultural trade so far?
“Irreplaceable” market China has already decreased reliance on American soy, corn
New deals could be struck with over tariffs “perhaps even by the end of the week,” U.S. Agriculture Secretary Brooke Rollins told Fox News on Tuesday as the country’s self-made trade war threatened markets for American farm goods.
China boosts Indian rapeseed meal purchases after tariff on Canadian canola imports
China has bought 52,000 tons of Indian rapeseed meal in the past three weeks after Chinese authorities imposed a 100 per cent retaliatory tariff on Canadian canola imports, industry sources said.
No new U.S. tariffs on Canadian canola ‘welcome news’
National canola groups say risks of U.S. tariffs aren’t gone as growers fight two-front trade war
No new tariffs on Canadian canola products means some relief for Canadian canola farmers, though uncertainty remains, say Canada's national canola organizations.
France pushes for farming ’emergency brake’ in Mercosur deal
Despite previous reservations, France held a meeting with 10 EU countries to discuss a possible trade deal with Latin America's Mercosur bloc, a day after the United States unleashed a global trade war, signalling it may be a way for the bloc to offset the impact of U.S. tariffs on European exports.
What do new widespread tariffs mean for Canadian agriculture and food?
Canada, Mexico not subject to new global rates, but plenty of economic factors could hit home
Retaliation against new U.S. tariffs from key agricultural producing regions like China and the EU will be worth monitoring in coming weeks.
China absorbs massive Brazilian soy shipments in first quarter
Brazilian soybean traders are poised to ship record volumes in the first quarter, driven by strong demand from the world's largest importer, China, which is currently involved in a trade war with the U.S.
Carney says China does not share Canada’s values on trade
Amidst trade tensions, tariffs, China’s ambassador to Ottawa has discussed boosting ties
China does not share Canadian values when it comes to trade and Canada needs to be very careful about boosting bilateral commercial ties, Prime Minister Mark Carney said on Wednesday.
Canada initiates WTO dispute complaint on US steel, aluminum duties
Canada has requested WTO dispute consultations with the U.S. over its imposition of import duties on certain steel and aluminium products from Canada, the trade body said on Thursday.
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