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Trump repeated plans to impose 25 per cent tariffs on Canadian and Mexican goods, with canola among the affected products. The tariffs were then delayed until March, and canola traded choppily within a range over late January.
Commerce nominee Lutnick suggested no tariff if Canada improved its border.
Uncertainty over whether the canola tariffs take effect keeps Canadian canola prices volatile, with downside risk if they are imposed.
manitobacooperator.caAdam PeleshatyFeb 4, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
