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Grains and oilseeds: tariffs drive market

April 4, 2025 at 12:31 PM , Der AUDITOR
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BRUSSELS. Trump’s new round of tariffs has adversely impacted wheat, corn and soy. Yet, the story is totally different for canola.

Trump’s new tariffs

In the US the die was cast on Wednesday. As of 9 April, tariffs of 34% will apply for imports from China, of 27% for India and of 32% for Indonesia along with 24% for Japan and 20% for the EU. Trump refrained from imposing additional tariffs on Russia as existing sanctions already render trading impossible. A 10% baseline tariff will also apply for Canada, Mexico and the UK as of 5 April. Canada and Mexico, however, are already facing 25% tariffs on many products and analysts reckon that more will be in store for the UK.

Consequentl

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