Canada is exploring retaliatory options after the Donald Trump administration announced tariffs on Canadian softwood lumber last month. Canada’s Prime Minister Justin Trudeau (true-doh) is exploring ways to push back against the United States, although what options Canada is considering remain unclear. A trade official from Canada called the move normal, according to Politico. The remarks came after Trudeau over …
Trump Administration Imposing Tariff on Canada Lumber Products
The Donald Trump administration intensified a decades-old trade dispute with Canada this week, announcing tariffs up to 24 percent on imported softwood lumber. Bloomberg News reports the step escalates an economic battle among neighboring countries that normally have one of the friendliest international relationships in the world. It follows a fight over a new Canadian milk policy that U.S. producers …
DDG Prices at Lowest Point in a Decade
Recent trade tensions have hit the dried distiller’s grain market hard. Prices for the U.S. corn byproduct used in animal feed have dropped to the lowest they’ve been at for this time of year in a decade. Earlier this year, China imposed import tariffs on the product, slowing American exports to the world’s largest market. A Bloomberg Report says the …
Guatemala to Eliminate Tariffs on U.S. Chicken Products
Guatemala has agreed to end tariffs on select U.S. chicken products years earlier than planned. The U.S. Trade Representative’s office Monday said an agreement between the U.S. and Guatemala calls for the elimination of the 12.5 percent tariff on U.S. exports of fresh, frozen and chilled chicken leg quarters this month. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture …
U.S. Considering Tariffs on EU Products over Beef Spat
The Donald Trump administration is considering tariffs on specific products from the European Union in response to the EU’s ban on American beef from hormone-treated cattle. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Mexico Won’t Negotiate New Tariffs in NAFTA
Mexico issued a warning to the United States over the weekend, saying if any North American Free Trade Agreement renegotiations include new tariffs, the nation’s trade leaders would “get up from the table.” Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Canada Supports New Tariffs on U.S. Products If U.S. Retracts from NAFTA
A majority of Canadians support applying new tariffs on U.S. goods if the U.S. pulls out of the North American Free Trade Agreement. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
NCBA Applauds USTR for Defending U.S. Beef from European Mistreatment
The Office of the United States Trade Representative (USTR) announced it will start the process of reinstating retaliatory tariffs on goods and products from the European Union (E.U.) due to the E.U.’s unfair treatment of U.S. beef. National Cattlemen’s Beef Association President Tracy Brunner applauds USTR Ambassador Michael Froman for standing up for the U.S. beef industry and taking action …