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‘It’s like when you see the tsunami coming in’: Agricultural economists are sounding the alarm about produce prices doubling

Milk prices jumping from $7 to $14, strawberries that feel like luxury goods, and a switch to processed food: This is the six-month outlook economists studying labor and agriculture see for consumers.  Yet these consumers “don’t have a clue what’s going on,” Raymond Robertson, a labor economist at Texas A&M’s Bush School of Government who has … Read more

China hits Canada with retaliatory tariffs on agricultural products

Stay informed with free updates Simply sign up to the Trade disputes myFT Digest — delivered directly to your inbox. China has said it will impose tariffs on Canadian agricultural and food products in retaliation for Ottawa’s levies on Chinese electric vehicles, adding to trade uncertainties clouding the Canadian economy. China’s commerce ministry on Saturday … Read more

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