French President Emmanuel Jean-Michel Frédéric Macron left the U.S. feeling defeated last week after meetings with President Trump to discuss future tariffs.
The French president said that he believes there are misunderstandings and design problems in the approach proposed by the Trump Administration.
Two days after their visit, President Trump proposed plans for a 25% tariff on all imports from the European Union. The European Commission said that it will react firmly against what it believes to be unjustified barriers to free and fair trade.
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Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
If confirmed, early Chinese buys tighten nearby Gulf/PNW capacity and could bump basis in export-oriented regions.
Trade pacts with Malaysia and Cambodia unlock tariff-free and preferential lanes for key U.S. farm goods, expanding long-term demand in Southeast Asia.
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