Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market.

France: EU to target US online services after Trump tariffs Paris (Brussels Morning Newspaper) – In response to new US tariffs, the French government spokeswoman said that the European Union is “ready for a trade war” with the United States and intends to “attack online services.” In an interview with broadcaster RTL, Sophie Primas said, “We are pretty sure that we are indeed going to see an adverse effect on production,”expressing particular concern about the “strong” impact on wine and spirits. A day earlier, Trump revealed stinging tariffs on major trade partners, including China and the European Union, on what he...

Where are the highest, lowest tariffs? Trump’s reciprocal tariffs explained The US has some of the lowest tariffs in the world. Trump is now threatening to reverse that with reciprocal tariffs, due to take effect on April 2. United States reciprocal tariffs take effect on Wednesday, April 2, with President Donald Trump warning on Sunday that “all countries” will be affected. At the same time, Trump on Monday said that compared with tariffs imposed by other countries on US imports, what he would announce would be relatively “kind“. Trump has described April 2 as “Liberation Day” for US trade. Yet,...

Ehtiopia: HortiFlora in full swing Today, the Millenium Hall in Addis Ababa, Ethiopia, opened its doors to the second day of the HortiFlora. The three-day trade show will last till April 3, and so far, the organizers, HPP Exhibitions, are pleased with the first day and the start of this second day. With a record number of 140 exhibitors, this edition is the largest to date. This year, in addition to flowers, HortiFlora allocated more space for vegetables and fruits, including strawberries, beans, and other key crops.. To read the full article, please visit Ehtiopia: HortiFlora in full swing Published...

How convenience stores are redefining the traditional shopping experience What if convenience stores were no longer just about convenience? As customer expectations evolve, retailers must transform into dynamic retail hubs that cater to the needs of today’s on-the-go shoppers. In a world where speed, accessibility and seamless experiences have become expectations, convenience stores must redefine their value proposition to stay ahead in an increasingly competitive market. Modern customers demand efficiency and digital integration in retail, pushing retailers to rethink their approach. The future of convenience lies in leveraging advanced technologies to streamline purchases, minimize wait times and enhance the overall...

“Despite seed shortages, volume forecasts indicate an average harvest” The marketing season for Egyptian early potatoes is now in the starting blocks. “60 percent of the so-called winter crop has already been harvested and these quantities are now gradually being loaded via the port of Ravenna,” reports David Guillebeau (r), CEO of Prodivec Swiss AG and specialized Egyptian importer. “Despite the lack of seeds last fall, the volume forecasts indicate an average harvest, similar to last year’s volume. Prices are expected to remain at a similarly high level to the past two years, which in turn is due to the...

Are Egyptian oranges losing competitiveness this season? More Egyptian citrus exporters are pointing to the slow pace of the orange export campaign. Mahmoud Esawy, Export Manager at Citrus Agro, adds his voice stating that “demand is clearly lower than last year in many of our key markets, with the exception of Russia”. “Demand is disappointing across our markets, in Europe, Asia and Africa, for many reasons. First of all, we’re short of large sizes, which are most appreciated in Europe. The percentage of large calibers is only around 20% of the crop, which is a serious obstacle to export flows,”...