Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
Tag Archives tariffs
Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic
Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China
Farm machinery market now a riddle without a punchline
Farm Financial Planner: Tariffs will pile up on new equipment crossing borders en route to final assembly
Current market turmoil is rooted in U.S. tariffs and that uncertainty cascades down to combines, harrows, tractors, trucks — you name it — leaving farmers, at the tail end of the process, cautious.
Canada rescinds digital services tax to advance stalled trade talks with US
Canada scrapped its digital services tax targeting U.S. technology firms just hours before it was due to take effect on Monday, in a bid to advance stalled trade negotiations with the U.S.
Trump cuts off US trade talks with Canada, shattering optimism over tariff deals
U.S. President Donald Trump abruptly cut off trade talks with Canada on Friday over its tax targeting U.S. technology firms, saying that it was a "blatant attack" and that he would set a new tariff rate on Canadian goods within the next week.
Trump tariffs mean fewer machinery purchases, higher costs for Canadian farmers
Agco plans to spread tariff costs across its full product line, not just the most affected units
Yo-yoing U.S. tariff rates will end up costing farmers more for new machinery and parts — and not just farmers in the U.S. either.
Navigating investments amid current market volatility
Investing for Fun and Profit: The main thing during these volatile periods is to avoid panic
Having a few decisions such as index insurance puts and precious metals go positive, when everything else is going negative, helps reduce the panic emotion.
Indian rapeseed meal exports soar as China replaces Canadian canola supply
China placed Canadian canola oil, meal under a 100 per cent tariff in March
China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said.
U.S. and U.K. announce a trade deal, but steel imports unresolved
U.S. President Donald Trump signed an agreement on Monday formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal.
Trump says Canada-U.S. trade deal achievable
A trade deal between Canada and the U.S. may be achievable, says President Donald Trump. Trump addressed media with Prime Minister Mark Carney on Monday at the G7 meeting in Kananaskis, Alberta.
G7 farm groups on governments to support rules-based trade, innovation
Increasingly volatile geopolitical, economic, environmental landscape pressuring farmers say groups
Farm organizations from the G7 countries called for governments to support stable rules-based trade, modernized regulations and other measures to help farmers weather “unprecedented pressures,” the Canadian Federation of Agriculture said in a joint news release, Monday.
Cyber-Savvy Farmer
