Quotas and Tariffs
Liberals downplay concerns over record milk prices
Liberal cabinet ministers deflected concerns about soaring milk prices by saying they were focusing on other issues, such as housing and child care. “Indeed, that is why we are working on affordability,” Prime Minister Justin Trudeau said on Wednesday, when asked about the rising costs of dairy products. Read more: Dairy farmers pushed record milk …
No downside to New Zealand deal, says Commerce secretary
The Commerce Secretary said there was “no downside” to the UK-New Zealand trade deal, as it was challenged by MPs over the impact that the deal will take on British farmers. Anne-Marie Trevelyan has sought to allay fears that New Zealand meat products are flooding the UK market after the two countries reached a tentative …
What Xi and Biden forgot to mention about the economy
Author: Tom Westland, ANU According to the official reading, during their virtual summit this week, US President Joe Biden and Chinese President Xi Jinping discussed “managing competition responsibly”. For Biden, the talks provided an opportunity to put pressure on Xi over China’s actions in Hong Kong and its assertive position in the Taiwan Strait, as …
Montana pulse farmers hope for improved tariff talks in India
Montana’s pulse growers look to the weeks ahead, hoping that a new round of negotiations will remove trade barriers that have nearly halved the value of their crops. Earlier this week, Montana Senator Steve Daines reviewed his efforts during a trade mission to India, to encourage that country to reduce its tariffs on the importation …
New Zealand-UK Free Trade Agreement Boosts Red Meat Sector
NOTICE: We are delighted that the recent Agreement in Principle (AIP) has been signed between New Zealand and the UK. It will significantly benefit farmers, processors, exporters and the New Zealand economy with higher export revenues once the free trade agreement is signed and ratified. It has taken a while, and a lot of hard …
EU, US face tough road to tackle China’s dirty steel – POLITICO
Press play to listen to this article The EU and the US want to ally against China’s coal-fired blast furnaces in a green steel alliance – but no one knows how that will happen. The united front proposal against Beijing was a keystone of the steel tariff truce concluded between Washington and Brussels at the …
How the nuclear arms race got high-tech
The COP26 climate summit in Glasgow is almost finished and dusted off, with ambitious commitments and breakthroughs governments and businesses to tackle the climate catastrophe more aggressively. Yet although there appears to be broad agreement on What must be done to prevent the planet from getting hotter – such as reaching net zero emissions over …
Chinese exports in October beat expectations and offer a buffer to slowing domestic economy
Containers are seen at the Yangshan deep-water port in Shanghai, China October 19, 2020 Reuters Meanwhile, its crude oil imports plunged in October to their lowest since September 2018, as major state refiners suspended purchases due to rising prices while independent refiners were constrained by limited oil quotas. import. China’s export growth slowed in October …
Aluminum tariff deal could ultimately wreak havoc on consumers
The tariff truce between the United States and the European Union initially appeared to be a win-win situation. But according to Gerd Götz, CEO of the European Association (EAA), it is in fact a “losing situation for the aluminum industry and its downstream customers on both sides of the Atlantic”. The deal is the result …
Globe Editorial: The Canadian Dairy Commission has chosen a terrible time for milk consumers
Dairy cows are seen on a farm in Sainte-Marie-Madelaine, Quebec, in 2018. The Canadian Dairy Commission announced last Friday that it was forecasting an 8.4% increase in the “farm gate” price for dairy farmers get for the milk they produce.Ryan Remiorz / The Canadian Press We are living in troubling financial times for Canadian consumers …