Trade War Calculations The market remains uncertain about the potential outcome from this coming weekend’s meeting between the leaders of China and the U.S. because it is a calculation of the political and economic tipping point. Note the following:
Neither side wants a long-term economic decoupling. Trump must appear to have accomplished something; Xi cannot concede to a “contain” China prescription. China is making offers to improve its trading practices, but none address the critical problem of the government’s deepening involvement in the economy. Beijing made unfulfilled promises to former U.S. Presidents Bill Clinton and George W. Bush. Trump does not need an agreement this weekend, but he must have one...
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...
