Global financial markets fell on Monday over tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump, while world leaders steeled themselves to respond to his next moves, with the European Union in the firing line.
Tag Archives Trump
Markets tumble over Trump tariffs, world leaders brace for his next moves
Editor’s Rant: Next order of business
Given all that’s known so far about the guy, I’m not optimistic. Whether you or I like him or not, though, by this time next month, he’ll again be president of the United States. To anyone suggesting Canadians should just clam up about this development south of the border and mind our own business, I’d […] Read more
U.S. EPA denies nearly all biofuel blending exemption petitions
Refineries didn't prove hardship, agency said
New York | Reuters — U.S. President Joe Biden’s administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel. The Environmental Protection Agency (EPA), which has the authority to issue the exemptions, denied 26 petitions from 15 small refineries […] Read more
U.S. considers faster hog slaughter paces based on staffing
Faster speeds seen as increasing injuries
Chicago | Reuters — The Biden administration is considering a proposal that could allow some pork plants to slaughter pigs more quickly if they boost staffing, a union official said, after a U.S. court struck down a Trump-era rule that removed line speed limits. The proposal put forward by Quality Pork Processors, operator of a […] Read more
U.S. court tosses Trump-era rule expanding ethanol sales
New York | Reuters –– A federal appeals court on Friday struck down a U.S. rule put in place under former president Donald Trump to expand sales of corn-based ethanol, drawing ire from farm and biofuel groups that vowed to work to ensure that such sales continue. The U.S. Court of Appeals for the District […] Read more
USDA can steer farm aid money to fight climate change, Vilsack says
Reuters — The White House wants to tap a pool of funds from the U.S. Department of Agriculture’s Commodity Credit Corp. (CCC) to support on-farm efforts to fight climate change, Tom Vilsack, President Joe Biden’s nominee to run the USDA, said Tuesday. The Depression-era program of up to $30 billion in annual funding was tapped […] Read more
U.S. Supreme Court agrees to hear biofuel waiver case
Reuters — The U.S. Supreme Court on Friday agreed to review a lower court ruling that severely limited the government’s powers to exempt small refineries from the nation’s biofuels law, rekindling a long-running dispute between the oil and corn industries. The decision came after appeals by refining companies that argued the 10th Circuit Court’s decision […] Read more
U.S. lifts federal protections for gray wolf
Reuters — The Trump administration in the U.S. said Thursday said it will lift Endangered Species Act protections for the gray wolf, arguing the species had been brought back successfully from the brink of extinction. The move gives states in the continuous United States the authority to manage their local wolf populations, including by allowing […] Read more
Trump’s payments to farmers hit all-time high ahead of election
Canadian growers seek level playing field
Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, […] Read more
U.S. grains: Corn, soybeans sag on harvest pressure, investor caution
CBOT December wheat closes higher
Chicago | Reuters — U.S. corn and soybean futures fell on Friday on expectations for the harvest of both crops to expand in the heart of the Corn Belt, and on investor caution following news of U.S. President Donald Trump’s positive test for COVID-19, analysts said. Wheat futures firmed on concern about dry weather in […] Read more
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