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Fallout from Trump-China tariffs will hurt Canadians
China’s tariff responses to the United States’ tariffs will have impacts on Canadians, such as soybean, pork and frozen beef exports. Given reduced Chinese purchases, U.S. exporters will be more aggressive in seeking other export markets, which will cut into Canadian exports.
New Chinese tariffs will force Canada to defend against U.S. competition: producers
New Chinese retaliatory tariffs on U.S. goods will cause global disruptions and force Canadians to defend their markets against heightened American competition, say soybean, meat and chemical producers.
Ratification of CPTPP trade deal up in the air
Almost a month has passed since Canada ratified the CPTPP trade deal and there’s no sign yet that the government is ready to introduce implementing legislation to approve Canada’s participation in the Pacific trade pact.
Chinese tariffs to cause disruptions
New Chinese retaliatory tariffs on U.S. goods will cause global disruptions and force Canadians to defend their markets against heightened American competition, say soybean and meat producers.
Government policies hinder international competitiveness of food companies
While the federal government wants the agrifood sector to boost exports to $75 billion, its policies create major roadblocks to reaching that goal, says Chris White, President and CEO of the Canadian Meat Council.
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