Trade War & Tariffs Impact - The US-China trade war, initiated by Trump's tariffs on China, led to China banning American soybean imports [1] - Soybean farmer John Boyd Jr feels betrayed by President Trump, citing deals undermining American farmers, including Argentina selling soybeans to China [1] - Tariffs are causing financial distress for American farmers, with rising bankruptcy rates, farm suicides, and foreclosures [1] - Farmers are not receiving promised financial relief from tariffs, with no one seeing a dime of the 3 billion USD said to be going out last week [4] - The 10 billion USD Trump says is going to save farmers is insufficient, described as a band-aid when major surgery is needed [4] - Reagan's ad against tariffs resurfaced, prompting Trump to impose more tariffs on Canada [7] - Reagan stated that high tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars [9] Political & Economic Implications - 90% of farmers voted for Donald Trump, implying China is trying to hurt Trump's constituency [1] - Democrats need to pay attention to rural areas and advocate for farmers to win back their votes [1] - Democrats have to make a play in these red states for farmers for the first time in a very very long time [2] - The Ford government views the anti-tariff ad as mission accomplished, aiming to generate resistance from Americans against Trump's tariffs [13][14] - Canada argues that tariffs on Canada are attacks on the American people [15] Soybean Market & Farmer Distress - Grain elevators are full, preventing farmers from selling soybeans, and some farmers have had to stop harvesting [1] - One farmer, with 42 years of experience, has never had grain elevators refuse soybeans due to lack of movement [1] - When the first president had his first term, I was selling soybeans for 1680% a bushel and and uh you know, I could pay a few bills and college tuition and and take care of my family [3] - After Trump announced tariffs to China, the price plummeted to 7 USD a bushel [3]

Geopolitical Impact - The trade war with America has strengthened Xi Jinping and the Communist Party [1] - Significant risks remain for China [1]

US-China Trade Relations - President Trump and President Xi Jinping are scheduled to meet next week at the Asia-Pacific Economic Cooperation Summit (APEC) in South Korea [1] - The meeting occurs shortly before a scheduled 100% tariff on Chinese exports by the US [2] - President Trump has repeatedly threatened tariffs on China, indicating a desire to have the upper hand in trade negotiations [2][4][9] - The administration's officials are not explicitly stating that a deal is expected after the meeting, despite the looming tariff deadline [8][9] US Diplomatic Engagements in Asia - President Trump is visiting US allies in Asia, including Japan, South Korea, and Malaysia [7] - These economic forums provide opportunities for US leaders to meet with multiple leaders simultaneously [7] - The trade war has impacted many of the countries in the region [8] US Involvement in Middle East - The Vice President recently traveled to Israel to monitor the ceasefire [12][14] - US officials are pushing back against the idea that they are "babysitting" the Israeli Prime Minister [14] - The Vice President avoided specifics regarding Hamas' role in Gaza [14][15] - Discussions are ongoing regarding an international stabilization force in Gaza, including potential countries involved [18][19][20]

US-China Relations & Trade War - APEC sideline Xi-Trump meeting expectations are low, similar to past summits [3][4] - US has consistently underestimated China's bargaining power, viewing the relationship as a one-way dependency [8] - Trump is likely to back down from his threat of an additional 100% tariff on top of the pre-existing 30% to 50% [6] - China's rare earth export controls are causing potential pressures on global supply chains and US manufacturing [7] Impact on US Economy - Tariffs are causing goods inflation, especially in categories like furniture and some consumer appliances [10] - The impact of tariffs has been slower and more gradual than initially anticipated [9][10] - Executive overreach in trade policy is undermining American legitimacy [10][13] China's Economic Strategy - China needs a new source of growth, as the property sector is struggling and exports face protectionist backlash [17] - Boosting household consumption share of GDP from currently around 40% to 50% by 2035 should be a target [19] - China has built buffers by diversifying soybean purchases and developing its domestic AI industry [14] Renminbi Internationalization - The dollar is under downward pressure due to executive overreach, deficit spending, and high levels of US debt [21] - China is gradually putting pieces together to make the renminbi more attractive as a global reserve currency [23] - China needs to open its capital account and continue to build capital reform infrastructure to internationalize the renminbi [23][24]

Trade War Implications - Gavekal Dragonomics's Arthur Kroeber discusses the long-term implications of the latest round of US-China trade war tit-for-tat [1] Expert Analysis - Arthur Kroeber from Gavekal Dragonomics provides insights on Trumponomics [1]

Six months into Donald Trump’s trade war, the resilience of Chinese exports is proving just how essential many of its products remain even after US tariffs of 55% https://t.co/lhdFimCmCf ...

RT Bloomberg Opinion (@opinion)LIVE NOW: President Trump wanted a “grand bargain” with China. He ended up with a trade war. What’s next?🎥 Tune in as @KarishmaJourno joins @HalBrands and @andreaskluth to discuss https://t.co/IUezMFnu9u ...

Global Economy - The global economy has held up despite Donald Trump's trade war announcement six months ago [1] Trade War Impact - Businesses and investors initially braced for an economic slump due to the unprecedented trade war [1]

Six months ago, when Donald Trump announced a trade war of unprecedented aggression, businesses and investors braced for a slump. We explain why the global economy has held up https://t.co/8WUIl462Se ...

Markets are pretending like the US-China trade war is resolved — again, says @johnauthers. Trump's rare-earths cards are improving, but is that enough? (via @opinion) https://t.co/AspNFbLUQu ...