Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth.
Tag Archives Donald Trump
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies
Trump threatens John Deere with 200 per cent tariffs if production moves to Mexico
Republican presidential candidate Donald Trump said on Monday he would slap a 200 per cent tariff on John Deere's imports into the United States if the agricultural equipment company moved production to Mexico as planned.
Trump’s trade threats a global concern
Importers and exporters around the world are uneasily analyzing what a 10 per cent tariff, or other border measures likely in a second Donald Trump U.S. presidential term, could mean for trade.
Dittmer: U.S. political outlook for 2021
Free Market Reflections with Steve Dittmer
Government bureaucrats and politicians tend to interfere with our lives when it is not necessary, harming our livelihoods, and then refuse to get involved when we need them, to defend our rights, uphold the law or make hard decisions. A long held conservative principle is that the government closest to the people governs best, e.g. […] Read more
Vietnam considers CPTPP-level tariff cuts on U.S. ag products
Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more
Oil vs Corn: U.S. lawmakers set hearing on fractious biofuels policy
The U.S. oil and corn industries will continue a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use of “secret waivers” for refineries. The hearing set by the Energy and Commerce Committee will air out the grievances of two key political constituencies heading into next year’s […] Read more
Dittmer: Opening trade wars vs. getting the lid back on
Free Market Reflections with Steve Dittmer
Cattle producers have historically fretted at being regulated and taxed by politicians in some distant capitol. I believe Canadian cattle producers agree. Down here in the States, we sometimes ponder giving up on draining the swamp and just adding lots more water. But Canadians actually get a double dose. You not only have to deal with Ottawa […] Read more
Trump threatens new tariffs as U.S.-China trade tensions spike again
Washington | Reuters – U.S. President Donald Trump on Thursday moved to impose a 10 percent tariff on a remaining $300 billion list of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world’s two largest economies. The levies – which would hit a wide swath of […] Read more
U.S. ethanol industry nearing breaking point: Green Plains CEO
New York | Reuters – The U.S. ethanol industry is about to break under the weight of the Trump Administration’s trade war with China and the surge in the number of small refineries exempted from the nation’s biofuel laws, said Todd Becker, CEO of Green Plains. The U.S. ethanol industry was preparing for growth in […] Read more
U.S. government to pay $15 minimum per acre to farmers hurt by China trade war
Washington | Reuters – The U.S. government will pay farmers hurt by President Donald Trump’s trade war with China a minimum of $15 per acre under an aid package to be unveiled before the end of this week, Secretary Sonny Perdue said on Tuesday. “We’ll have information for you before the week ends,” he told […] Read more
Canadian Cattlemen Presents: Depth of Field
