“Slapping tariffs on the U.S.’ neighbors, friends, and leading trade partners is a major step backward” U.S. President Donald Trump announced steep tariffs on imports from Canada, Mexico, and China, citing concerns over illegal immigration and drug trafficking. The tariffs, set to take effect on Tuesday, include a 25% levy on Canadian and Mexican imports and a 10% tax on Chinese goods. Canadian energy faces a lower 10% tariff. Trump’s tariffs threaten to disrupt the $1.6 trillion trade between Canada, Mexico, and the U.S. each year. The tariffs are to blow up the United States-Mexico-Canada Agreement (USMCA), which entered into...
International Development Week 2025: Building a better world together International Development Week (IDW) is an opportunity for Canadians to reflect, understand and be proud of how Canadians help to achieve sustainable development worldwide. Together, we contribute to making our planet more peaceful, inclusive, and prosperous. In 2025, the IDW will once again serve as a platform to highlight Canada’s efforts in international development. Here, at TFO Canada, we are fostering inclusive and sustainable trade, economic cooperation, and social innovation by empowering hundreds of women exporters from developing countries. Strengthening Global Partnerships for Inclusive Trade TFO Canada believes that trade is...
Where is packaging industry consolidation likely in 2025? Experts weigh in. Niche packaging sectors, private equity and the Trump administration are all on M&A analysts’ radars in 2025.. The tide may be turning for the volume of mergers and acquisitions in the packaging space. Although 2024 was a lighter year compared with the prior few, analysts say they largely expect the pace to pick up in 2025. “After a tough year in ’24, I think there’s good reason to say ’25 will be better than a tough year,” said Will Frame, CEO of Deloitte Corporate Finance. “Some folks are even more optimistic...
Non-GMO Project debuts label highlighting foods without ultra-processed ingredients The organization said the packaging classification could help consumers identify better-for-you food and beverages. Dive Brief: The Non-GMO Project announced the introduction of Non-UPF Verified, a label for foods without ultra-processed ingredients. In the press release, the nonprofit organization pointed to internal research that found 85% of consumers want to avoid ultra-processed foods. The Non-GMO Project said avoiding these foods can be overwhelming or challenging for people looking to make healthier choices. The National Institute of Health defined ultra-processed in 2019 as foods that modify the nutritional content of their ingredients to boost their...
4 manufacturing trends to watch in 2025 Manufacturers are gearing up for tariff hikes, continued labor gaps and more AI integration as they enter the new year. By: Kate Magill • Published Jan. 9, 2025 The manufacturing industry is set to stay in the national spotlight in 2025. Taking office in less than two weeks, President-elect Donald Trump’s upcoming domestic policy agenda is centered around growing U.S. jobs, particularly in manufacturing. Trump plans to use aggressive tariffs to entice companies to build factories in the U.S. The president-elect has announced plans to impose 25% tariffs on imports from Canada and Mexico, as well...
“Great marketing potential for Kenyan herbs and chili in the EU” The Kenyan export industry looks back on a – in many ways – difficult growing year in 2024. “In the spring, there was heavy rain and flooding, which severely affected many crops. At the beginning of the classic high season for pulses in October, November, and December, there was a lack of demand, so at some point, we were sitting on tons of marketable goods in the cold store. It was only in December that marketing picked up again to some extent,” summarizes Stella Rasmussen, specialized importer and managing...