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.
Mike Steenhoek with the Soy Transportation Coalition joins us to discuss the proposed federal gas tax suspension, fuel cost pressures, and what the policy could mean for agriculture and transportation.
China’s soybean buying is shifting hard toward Brazil, leaving U.S. shipments at risk of slowing as South America’s record crop reaches export channels
EU simplification may reduce some paperwork, but U.S. exporters still face costly traceability requirements.
U.S. grain export inspections stayed solid for the week ending May 7, with corn still leading the export pace and soybeans posting a strong weekly rebound.
U.S. Wheat Associates is expanding into global fish feed markets, with early gains in South America and new opportunities emerging in Ecuador’s shrimp industry.
Dr. Jeffrey Gold discusses the recent hantavirus outbreak linked to a South American cruise ship and Nebraska’s monitoring efforts on this week’s Rural Health Matters.
