As tariffs weaken the competitiveness of companies exporting into the U.S., economists see these trade agreements more as a loss for both sides, as costs rise also for farm equipment manufacturers already inside the country.
Tag Archives trade
Tariffs add billions to U.S. equipment costs
Efforts to re-shore manufacturing through tariffs are expected to make U.S. companies less competitive
USDA considering economic aid for farmers this fall, says secretary
The U.S. Department of Agriculture is working with Congress to evaluate whether economic aid might be needed for the nation’s farmers this fall amid trade disputes and record-high yields, Agriculture Secretary Brooke Rollins said on Monday.
Where in the world are the best investment opportunities?
Investing for Fun and Profit: When looking beyond Canada and the U.S., the data tells the story
I remain concerned about both the TSX and S&P 500 from valuation, political and economic standpoints, making it worthwhile to look also toward other countries.
Parties unitedly condemn China tariffs on Canadian canola
China’s 75.8 per cent tariffs against Canadian canola seed called ‘unjustified,’ spark calls for immediate federal response from Canada’s Liberal government
China's 75.8 per cent tariffs against Canadian canola seed called 'unjustified' spark calls for immediate federal response from Canada's Liberal government.
India’s Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Urges self-reliance
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
Chinese anti-dumping duties shut market to Canadian canola
With diminished supplies a pull-back of exports was already expected analysts say
China has effectively shut the door on purchases of Canadian canola by announcing a preliminary anti-dumping duty of 75.8 per cent on imports of the oilseed to start on Thursday, Aug. 14.
Smithfield Foods raises annual profit forecast as hog business recovers
Smithfield Foods raised its annual operating profit forecast on Tuesday as its hog business rebounded from losses and the biggest U.S. pork processor said it resumed U.S. exports to China that had been crippled by tariffs.
Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue
As trade talks with the U.S. continue, the Canadian Cattle Association says it's pleased to see a focus on the upcoming review of the Canada-U.S.-Mexico trade agreement (CUSMA) while maintaining tariff-free access for CUSMA-compliant goods.
Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.
U.S. restaurants lobby against tariffs ahead of Aug. 1 deadline
Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court
Ahead of the August 1 tariff deadline, an American restaurant group has sent a letter to U.S. trade representative Jamieson Greer expressing concerns and urging for continued exemptions under the CUSMA trade agreement. Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court.
Cyber-Savvy Farmer
