Today, Canada announced retaliatory tariffs on 700 products exported from the U.S., aiming to match “dollar for dollar” the duties imposed on Canada. They will take effect on 8 September (see the complete list here).
50 percent tariffs: steel, aluminum, furniture, clothing, video game consoles and smartphones 25 percent tariffs: cheese, household appliances and selected seafood products 15 percent tariffs: farm machinery, electronics and tools
Canada said it was focusing its retaliation on products “most affected by U.S. tariffs.” The rates are set at a level that the government said would match U.S. tariffs on goods targeted in Washington’s latest round, as well as products covered by previously imposed sect...
Key Takeaways: Despite its limited farmland, the Netherlands is a major agricultural exporter, focusing on high-value products such as dairy, flowers, meat, and vegetables. The Port of Rotterdam makes the Netherlands a major European agricultural trade hub, supporting significant processing an...
Beef packer margins swung back into positive territory at $114/head last week, improving $164 from the prior week as the Choice cutout strengthened while fed cattle prices declined. The cutout rose nearly $8/cwt to $377/cwt, while fed cattle prices fell to $225/cwt, producing the strongest pack...
