No Solution at G-20 Many are hoping that a meeting between Chinese President Xi Jinping and U.S. President Donald Trump at the end of this week at the G-20 meeting in Buenos Aires will bring an end to the trade war. Following are the two countries’ latest positions:
Chinese Deputy Commerce Minister Wang Shouwen announced that updates to the global trading rules will be acceptable if they don’t apply to his country. He said that China must continue to be treated as a developing nation with obligations commensurate with that status, including entitlement to special and differential treatment. There should be no discrimination against state enterprises. Meanwhile, he demanded new disciplines on rich countries’ agriculture...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
