| The following GAIN reports were released on March 5, 2025. _______ 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. The list of products is expected to expand on March 25, 2025, to cover a second tranche of an additional $86 billion worth of imports. The Liquor Control Board of Ontario (LCBO) has announced retail price adjustments for beer, effective April 1, 2025, due to changes in the Cost of Service. These changes will impact pricing for all imported beer sold in Ontario. U.S. beer exporters must consider the following key updates when planning pricing and logistics for upcoming sales in the Ontario market. Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Data Show Mixed Results for U.S. Agricultural Exports to Hong Kong in 2024; U.S. tariffs on Hong Kong exports draw strong rebuke but no immediate retaliation on U.S. goods; U.S. pet food brands attract Hong Kong pet lovers at Pet Show 2025; Hong Kong lawmaker calls for expanding Shenzhen visa program to Beijing, Shanghai, and Guangzhou to boost tourism; Restaurant confidence rises as retail sales continue to slump; and Macau shoppers shift to online buying and digital payments. In 2025, beginning inventories and beef production declined due to the increased pace of slaughter in 2024. Beef consumption remains weak due to inflation, with a shift toward less expensive proteins such as pork. Beef imports will remain stagnant amid the U.S. dollar vis-à-vis the Japanese yen. Pork production and consumption will remain stable, favored over pricier proteins in 2025. Pork imports will decline slightly due to higher ending stocks in 2024, along with distribution challenges. Importers are diversifying their sourcing needs, to overcome the challenging trade environment. Kazakhstan's total wheat production has been revised up to 16.5 million metric tons as good weather during last year's summer vegetative period resulted in a larger than average crop. Barley production estimates are raised slightly to 3.8 million metric tons. Rains and cold weather in September adversely affected both wheat and barley quality. The larger than average crop is seeing Kazakhstan's total exports surge, with higher quantity available and lower prices helping it recover market share from Russia around the Caspian Sea and in Central Asia. Despite positive steps towards calming bilateral agricultural trade tensions, Russia remains effectively shut to almost all Kazakh grain exports. For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. | 
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