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Global trade tensions threaten global pork markets

2020-02-03 12:14:00| ThePigSite - Industry News

The Chief Agricultural Economist with Farm Credit Canada is advising Canadian agriculture sector stakeholders to pay close attention to developments on the global trade front during 2020.

Tags: global trade markets pork

 

US LNG Producers Fear Further Price Drops From US-China Trade Deal

2020-01-31 11:20:00| OGI

China has restarted talks with U.S. LNG marketers to buy more LNG, several industry executives told Reuters, but they are worried that any purchases may come too late to keep natural gas prices from falling further due to a glut of global supply. China pledged this month to buy an additional $18.5 billion in U.S. energy products this year, but the U.S.-China trade agreement left tariffs in place, including a 25% levy on LNG imports that puts U.S. LNG at a disadvantage, producers said. "The U.S. doesn't have a margin that would allow any country to charge 25%" above global prices, said Michael Smith, CEO of Freeport LNG, referring to the tariff. Until that tax is removed, "it's a non-starter," he said.

Tags: price trade deal fear

 
 

Manufacturers urge clarity on post-Brexit trade

2020-01-31 01:10:04| BBC News | Business | UK Edition

As Britain prepares to leave EU, businesses say the future trading relationship remains unclear.

Tags: trade manufacturers clarity urge

 

DISCUS hails US-Canada-Mexico free trade agreement

2020-01-30 13:01:00| Daily beverage news and comment - from just-drinks.com

The Distilled Spirits Council of the United States (DISCUS) has called the signing of the United States-Mexico-Canada Agreement (USMCA) a "tremendous achievement".

Tags: free agreement trade free trade

 

Tumble in UK car output 'a grave concern', says trade body

2020-01-30 02:03:38| BBC News | Business | UK Edition

A 14% fall in output last year underlines the urgency of an EU trade deal, says the industry's trade body.

Tags: body car trade output

 

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