An executive order signed by President Trump uh removing tariffs on Brazilian coffee and beef is expected to ease food costs for Americans. Joining us now, Agriculture Secretary Brooke Rollins came to New York. >> I did.Great to be here. You're all on set. It's nice to have you here.>> Yeah, thank you. >> Affordability. I saw uh Secretary Bess and I kind of liked it.Uh we hope to see him soon too. But he said he was asked about some specific um item being up I don't know 8% or something like that. And I thi ...

HOW TF DID TRIMP GET ASKED 3x AND PREFACED WITH THE WORD SOYBEANS LIKE 15xAND HE HASNT SAID IT YET.WHAT THE FUCK ...

Investment Strategy - The firm is taking 3 strategic positions based on the "60 Minutes" interview with Trump [1] - The firm is heavily invested in SOY, with Paramount and Larry/Oracle being secondary, higher-risk investments [3] Investment Opportunities - SOY: Anticipates positive impact from renewed trade discussions with China and potential soybean purchases, considering it a "no brainer" below 70 cents [2] - Larry/Oracle: Speculates Trump's mention of Larry Ellison and his sons, along with David Ellison's acquisition of CBS, could positively influence the stock [2] - Paramount: Believes Trump will highlight Paramount's $16 million payment to him due to a lawsuit victory [2] Key Discussion Points - China and President Xi Jinping [3] - Venezuela [3] - Israel [3] - The U S government shutdown [3] - Immigration and use of the National Guard [3]

Geopolitical & Economic Outlook - The meeting is expected to be a "hand-holding" truce, aiming to lower tensions rather than achieve substantial agreements, paving the way for a potential summit later in the year [1] - Key discussion points will likely include soybeans, fentanyl, and tariffs [1] - More challenging topics include Iran's export controls on rare earths and Ukraine, with China potentially seeking a commitment from the US regarding Taiwan's independence [2] - Southeast Asian countries are concerned that a US-China deal might exclude them, reflecting a perceived decline in US global leadership [10][11] US-China Relations - The US President is perceived as transactional and will attempt to charm the Chinese President, who is seen as experienced and difficult to influence [4][5] - China has become more assertive in its relationship with the US, willing to stand up to the US [17][18] - Despite differing political systems, both countries need to find ways to coexist and cooperate [19][20] Trade & Tariffs - Previous trade agreements have not been successful, adding complexity to the current situation [4] - China retaliated to US tariffs with 125% tariffs, demonstrating its resolve [18] Fentanyl Issue - Curbing fentanyl precursors from China is a key issue, but complicated by legitimate pharmaceutical supply chains [1][13][14] - China may want recognition or credit for curbing fentanyl exports [13]

Tariffs and Trade Policy - The Trump administration is reportedly backing away from many tariffs, exempting products that cannot be produced in the US [2] - The administration's tariff policies are being defended despite arguments that tariffs are taxes, contradicting the Constitution [7][8] - The president's ability to unilaterally set tariffs is being challenged, raising concerns about potential abuse of power [10] Argentina Bailout and Trade Implications - A $20 billion bailout of Argentina has not prevented the peso from falling to new lows, raising concerns about taxpayer exposure [11][15] - Argentina's efforts to reduce inflation by making imports cheaper are collapsing, highlighting the difficulty of fixing the country's economic problems with a temporary lifeline [13][14] - The president's promise to buy more beef from Argentina is angering American ranchers, especially with beef prices already high [15][16] - China has ceased buying soybeans from the US in September, while the US is considering buying beef from Argentina, creating a complex and ironic trade situation [17] Rare Earth Minerals - The US and Australia have struck a deal on rare earth minerals, a move to diversify supply away from China [19] - The industry is late to the party in securing rare earth mineral supplies and processing capacity, despite discussing the issue since 2017 [20][22][23] - There are concerns about China's control over rare earth minerals and its efforts to lock up supplies globally [22]

Lemme just make sure I got everything from today covered…- Trump said China is bad cause soybeans and we can make our own, market sells off on this- Monad airdrop checker goes live, sybils get slaughtered, and prominent CT individuals get rewarded in hopes people are excited about it and don’t FUD- a prediction market on BASE that was wildly oversubscribed on KAITO decided to fight with CZ && binance, airing out listing fees n more, and binance says its all a lie n to shut up- Minh bought a Ferrarianything ...

Trade Relations & Tariffs - China is defending its expanded rare earth curbs in response to US restrictions and sanctions, viewing them as reciprocal measures [2][3] - China pledges to take corresponding measures against President Trump's threat of 100% tariffs [3] - The Chinese Ministry indicates that the rare earth curbs do not equate to a ban, despite speculation about their timing amidst US-China negotiations [4] - There are two lines of thought regarding China's actions: using rare earths as leverage for concessions or a re-escalation due to poor negotiation progress [5] Rare Earth Market & Influence - China dominates the rare earth industry, holding 70% of the rare earth magnet market and 90% of finishing or processing [7] - China's influence extends beyond rare earths, with the country strategically targeting issues important to President Trump politically [8][9] Economic Impact & Trade Shift - China is attempting to reduce its reliance on the United States, with direct shipments to the US dropping to 10% of China's total exports [9] - Soybean imports into China have hit a record, with none coming from the United States, impacting US farmers [11]

Market Trend - China's effort to reduce reliance on US soybeans is expanding its sourcing to new regions, including Africa [1] Industry Focus - The Business of Food newsletter provides insights into this trend [1]