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Daily Network News

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Tag Archives tariffs

While China suspended some agricultural tariffs on Canada following Carney’s visit, Beijing still has a 25 per cent duty on imports of Canadian pork, which Champagne said he raised during the meetings. Photo: Getty Images Plus
News, Reuters

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

By Allison Lampert, Reuters, Ryan Patrick Jones 1 day ago
Canada’s finance minister and his Chinese counterpart discussed supply chain integrity and other trade matters including tariffs on Canadian pork during talks in Beijing on Friday.

Sales among food and beverage manufacturers are predicted to rise by 0.8 per cent while volumes fall by 0.7 per cent. Sales growth will likely be driven by higher prices, not higher consumption, FCC said. Photo: vgajic/Getty Images Plus
Markets, News

Food and beverage sales growth, volume decline predicted for 2026

FCC’s report suggests higher prices, not consumption, will drive growth in total sales

By Jonah Grignon April 1, 2026
Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers


Agco expects new cutting-edge products like the company’s Outrun automated grain cart operating system to help push net sales for 2026 to between $U.S.10.4 and 10.7 billion globally. Photo credit: Scott Garvey
Equipment, Machinery

Soft North American farm machinery market hits Agco profits

Most markets remain relatively stable overall for the company, but the United States is a drag on profitability

By Scott Garvey April 1, 2026
North America was the weakest of Agco’s sales markets in the latest fiscal year for the farm equipment manufacturer, Scott Garvey reports.

FILE PHOTO: “You can make compelling cases for us to do business with Canada and Canada to get the lowest tariffs of any trading partner in the world,” said U.S. Ambassador Pete Hoekstra. Photo: Jack Gruber-USA TODAY
News

‘We should always aim for free trade’: low tariffs not good enough say agriculture leaders on Hoekstra remarks

By Jonah Grignon March 25, 2026
U.S. Ambassador Pete Hoekstra says Canada should make the case that it’s a good business parter so it can avoid high tariffs. Some Canadian agriculture experts say that’s already happening.


Without naming China, USTR quoted a January speech by Greer in which he said that some countries structurally export more than they import to seek a “shortcut to growth at others’ expense.” Photo: kevinjeon00/Getty Images Plus
News, Reuters

U.S. urges WTO members to rethink core tariff rule in face of China threat

By David Lawder, Reuters March 23, 2026
The Trump administration on Monday urged World Trade Organization members to rethink the body’s core principle of “Most Favored Nation” bound tariff rates, arguing in a new position paper that this has led to discriminatory practices and imbalanced trade, including with China.

U.S. ambassador Peter Hoekstra said the U.S. believes CUSMA, known as USMCA in the U.S., has worked well but there have been no “substantive” talks with Canada since October. Photo: Getty Images Plus
News, Reuters

U.S. facing headwinds in trade negotiations with Canada, U.S. ambassador says

By Ed White, Reuters March 12, 2026
U.S. Ambassador to Canada Pete Hoekstra said Washington wants to renew the Canada-U.S.-Mexico trade pact but faces resistance from Canada, underscoring uncertainty as a mandatory July 1 review approaches.


Photo: Getty Images Plus
News

China has reduced tariffs on Canadian canola, peas, federal government confirms

By Jonah Grignon March 4, 2026
China has suspended anti-discrimination tariffs on canola meal and peas until the end of the year and reduced tariffs on canola seed, Canada’s government confirmed today.

CUSMA replaced the North American Free Trade Agreement (NAFTA), which was active from 1994 to 2020. The current trilateral agreement allows producers in all three countries to trade with each other in a mostly tariff-free environment. Photo: ehrlif/istock/GettyImages
News

CUSMA: a guide to the review and what it means for the agriculture sector

By Jonah Grignon March 3, 2026
The upcoming Canada-Unites States-Mexico Agreement (CUSMA) review could set the tone for the future of Canadian agri-food trade. Here’s everything you need to know about CUSMA, the upcoming review process and what it could mean for the agriculture sector.


U.S. Trade Representative Jamieson Greer arrives for U.S. President Donald Trump’s State of the Union address to a joint session of Congress at the U.S. Capitol in Washington, D.C., U.S., February 24, 2026. Photo: REUTERS/Kylie Cooper/File Photo
News, Reuters

U.S. to seek more foreign tariff cuts, CUSMA improvements in 2026

By Reuters March 2, 2026
The U.S. Trade Representative’s office said on Monday it will seek further reductions in foreign tariffs and non-tariff barriers this year, enforce its “reciprocal” trade deals and consider launching new unfair trade practices investigations.

China’s Ministry of Commerce said on Saturday that its probe determined that imported canola from Canada involved dumping and harmed China’s domestic rapeseed industry, however it still proceeded to lower tariffs. Photo: Getty Images Plus
News, Reuters

China slashes anti-dumping tariff on Canadian canola in final ruling

By Reuters March 2, 2026
China on Saturday sharply reduced its tariff rate on Canadian canola seed in the final ruling of a 17-month anti-dumping investigation, following a thaw in relations between Beijing and Ottawa.


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