China’s propaganda video could signal ongoing trade tensions with the U.S.

Trade tensions between the U.S. and China are taking a new turn with the release of a propaganda video by China’s Foreign Ministry.

Arlan Suderman, Chief Commodities Economist for StoneX, discussed the video’s purpose and its impact on global trade.

“China’s Foreign Minister released a video with bilingual subtitles, titled ‘Never Kneeled Down,’ and it was obviously a propaganda video, but its purpose seemed to be to get other countries to join it in standing up against the ‘bulling of America,’ and China is trying to get other countries to stand beside it. Because it knows it’s heard that there’s a hundred countries that want to negotiate lower tariffs, and it is expecting what I’ve said previously, that those negotiations will include clauses that help contain China.

Related Stories
Canadian farmer sentiment improved in July, driven by stronger commodity prices and increased optimism about farm investments and the economy.
The initiative can also introduce U.S. wheat to new potential customers, creating relationships that may continue even after food aid programs end.
The Black Sea is a major export route for wheat, corn, and other agricultural commodities. Recent attacks, however, are disrupting exports from Russia and Ukraine.
Texas cattle groups continue to monitor USDA’s response as testing and surveillance efforts remain underway.
The latest USDA WASDE report could move grain markets with updated estimates for corn, soybean, and wheat production, ending stocks, and demand.
NWS Sterile Fly-Production At Moore Air Base Is Ahead of Schedule