tradewardaily

1. Trump administration cancels some Canada tariffs amid close midterm races. Sen. Susan Collins, who’s in a tough re-election fight, said she secured from the Trump administration tariff exemptions on some agricultural and forestry items. ¹
2. Higher tariffs on Canadian imports would be 'catastrophic,' Honda exec says ²
3. Trump Delays Robotics, Machinery Tariffs in Favor of More Talks ³
4. Saudi Ceramic Announces Financial Impact Of Revised Electricity And Water Service Tariffs ⁴

Canada signed a trade deal with the UAE to pursue non-US markets ¹. Reuters reported that Canada reports limited progress in trade talks with the US ².

Conifex received regional tariff response funding ³. Mexico warned that US farm tariffs could spark a trade war ⁴. The Bank of Canada reported that half of firms plan to raise prices to recover profits lost to tariffs ⁵.

Trump and Carney moved to ease the trade war in two sectors after Canada implemented retaliatory tariffs ⁶. South Africa faces a potential U.S. duty slap ⁶.

Stock Titan reports FedEx holds $2.7 billion to pay customers back for import taxes ⁴.

The Japan Times reports the Volkswagen division imports all cars from Europe or Mexico and has been hit hard by U.S. tariffs ¹. Trump stated at a rally that Audi will build a U.S. plant ¹.

NBC News reports the White House is tempering its talk on Canada trade as inflation fueled by tariffs is a primary concern for voters ⁶.

Hortidaily reports that U.S. tariffs could cost Chilean agriculture US$800 million over four years ³.

A duty investigation is underway on a key component of dairy cattle feed ⁴. FreshPlaza reports that a UK farmers' union states tariff cuts are unlikely to reduce fertilizer costs ².

WFAA reports that rising costs and tariffs squeeze Texas farmers as small farms disappear ⁵. Yahoo Finance reports that France urges Trump to give its wines and spirits the same tariff break as Irish whiskey ⁶.

1. President Trump’s Steel and Aluminum Tariffs: 1.0 vs. 2.0 ¹
2. Car commercials are quickly vanishing from American TV screens as hard-up automakers struggle with tariffs and rocketing gas prices ²
3. Trump border chief defends Big Bend wall plans as court battle delays construction. The head of U.S. Customs and Border Protection has insisted that the Trump administration’s plans to add border wall infrastructure across the Big Bend region of Texas will not bend despite pushback… ³
4. Port of Galveston trustees waive tariffs on party boats at Pier 19 ⁴

1. Levi Strauss kept tariff refunds after raising jean prices, a new class action claims. ¹
2. Trump tariffs test Republicans ahead of midterms ²
3. Politics, Tariffs And Automotive Technology Intersect As Midterms Loom ³
4. New Trump tariffs take effect days after supreme court ruling ⁴

Canadian retailers continue shifting to Canadian brands as U.S.-Canada tariffs reach 60 days ¹.

Trump says tariffs create wealth, but families are paying more and buying less ². Berekashvili stated that a differentiated approach means consumers who focus on saving will pay less, while those who consume more will face higher tariffs ³.

Channel 4 reported that tariffs on imported goods could save average household £21 a year ⁶.