Browse Data and Analysis

The federal government announced a set of relief measures for Canadian businesses impacted by tariffs with the United States, including the temporary remission of surtaxes applied on U.S. goods from Canada’s retaliatory list, provided these goods are used as inputs in food and beverage manufacturing, processing, and packaging.

On February 5, 2025, the Dominican Republic amended its Fiscal Control and Traceability System for Alcoholic Beverages and Cigars (TRAFICO), marking a significant victory for the U.S. alcoholic beverage industry.

On March 4, 2025, Canada implemented a 25 percent tariff on an initial tranche of over $20 billion in imports of goods from the United States, including $5.5 billion worth of agricultural products.

In 2024, U.S. agricultural exports to Colombia reached a record high of $4.5 billion, a 21 percent increase from 2023. This growth, supported by the U.S.-Colombia Trade Promotion Agreement, represented the highest rate among the top 25 U.S. agricultural export markets globally.

On January 14, 2025, the Panamanian Food Agency (APA) and the Ministry of Health of Panama confirmed that the dairy plants registration process has been significantly expedited, resolving a trade barrier created on July 17, 2023.

On December 17, 2024, the Dominican Republic issued Decree 693-24, to limit rice imports into the country. The Decree establishes a quota of 23,300 metric tons (MT) for U.S. rice, subject to a 0 percent ad valorem tariff.

Argentina will cut export taxes on major agricultural commodities, effective January 27, 2025, on key crops including soybeans, corn, and wheat.