Xi, Trump Should Reverse Positions China’s position is that if a bilateral trade agreement is reached with the U.S., both sides must remove the punitive tariffs that each imposed on the other over the past year. Conversely, President Trump insists that the 25 percent duties he placed on some Chinese goods will not be removed. Based on the data, both parties should flip their positions. The tariff war has harmed the U.S. more than China. The data shows that U.S. exports to that country have fallen 38 percent over the past year, while Chinese exports to the U.S. have dropped just 14 percent. Given that alone, the two presidents would appear better off by reversing their stances.
Deference to Israel The OECD this week issued a repo...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
