While much of the attention in the last few weeks on the Canada-U.S. trade file has been focused on well-publicized trade irritants like dairy and softwood lumber, a U.S. Senator has introduced a resolution asking President Trump to address how U.S. wheat is treated in Canada. The resolution brought forward by Montana Senator Jon Tester... Read More
Category: Trade
When U.S. President Donald Trump followed through on his promise to withdraw the United States from the Trans-Pacfic Partnership, many people speculated the deal was dead in the water. Similarly, Canada has also faced threats of NAFTA withdrawal by the U.S. within the same three month period. For many of the remaining countries, including Canada,... Read More
Reports the White House was finalizing an executive order to withdraw the U.S. from the North American Free Trade Agreement sent shockwaves through the markets and export-reliant sectors of the economy, including agriculture, on Wednesday. However, after President Trump spoke with leaders from Canada and Mexico on Wednesday night, the White House issued a statement... Read More
President Trump received his strongest warning to date from the U.S. agriculture sector on Wednesday after it was reported the White House was finalizing a plan to withdraw from the North American Free Trade Agreement. After speaking with Prime Minister Trudeau and Mexico's President Enrique Pena Nieto late Wednesday, the White House issued a statement... Read More
Since the election of Donald Trump, the North American Free Trade Agreement (NAFTA) has been under threat. Initially, the harsh words of walls, import tariffs, and immigration reform were directed squarely at Mexico. That all changed this week when president Trump "laid down the law" in an effort to make Canada quiver insecurely in its... Read More
Trade between the NAFTA nations has become mainstream news on a daily basis. Trade relations between Canada and the United States seems to be getting cooler as the battle over lumber, energy, and dairy heats up. The Canadian and American agriculture economies are very linked and, as highlighted by Kevin Grier in his March edition... Read More
Canadian durum exports to the home of pasta are facing a potential political trade barrier. Italy is moving toward implementing a mandatory country-of-origin labeling (COOL) policy for pasta, similar to the COOL rules the U.S. imposed on beef and pork from 2008 to 2015. The Italian government has drafted regulations that would require all pasta... Read More
Canada’s largest agriculture lender believes predictions of a re-negotiated North American Free Trade Agreement (NAFTA) are premature and a patient strategy is the best path forward for the Canadian government and the country’s supply managed sector. Speaking at the Canadian Dairy XPO last week in Stratford, Ont., Farm Credit Canada agricultural economist Jean-Philippe Gervais told... Read More
Late last week, Canada's federal, provincial, and territorial governments announced concluded negotiations of a new Canadian Free Trade Agreement (CFTA). The CFTA replaces the existing Agreement on Internal Trade (AIT), which has been in place since 1995. The CFTA will take effect July 1, 2017, and is designed to "reduce barriers to trade, investment, and... Read More
As the Canadian government contemplates moving forward on a free trade agreement with China, the canola industry sees tremendous potential to increase exports to the country that already imports more canola seed than any other. That's because Canadian canola seed headed to China currently faces a nine percent tariff, whereas the tariff on soybeans is... Read More