World Perspectives

Transatlantic Glue

China understandably responded harshly to the Biden Administration’s sharp increase in tariffs on EV’s and components. However, there is not much that Beijing can do about it except retaliate. The EU already shared Washington’s angst about China undermining Western industries and now Brussels is worried that if it fails to match actions by Washington, it will only increase the volume that the Middle Kingdom dumps on Europe.  However, the German and French governments appear to be split on how to respond. The French endorsed Washington’s actions and believe that Europe should replicate the tariffs. Germany is not yet on board since it has a larger share of its companies operating in China. French President Emman...

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Dec 25 Corn closed at $4.32/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.36/bushel, up $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $11.2725/bushel, down $0.0275 from yesterday's close.  Dec 25 Soymeal closed at $316.9/short ton, down $3.1 f...

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Illuminating the value of technical research

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