Core Viewpoint - The article discusses the impact of U.S. tariffs on soybean imports from China, highlighting a significant shift in China's sourcing from the U.S. to Brazil due to price competitiveness and trade policies [1][3][29]. Group 1: U.S.-China Soybean Trade Dynamics - Trump has urged China to increase soybean orders from the U.S. by four times, but recent reports indicate that China has sourced all its September and October soybean needs from Brazil and other South American countries, leaving U.S. suppliers empty-handed [3][5]. - The U.S. soybean import tariff to China has reached 23%, making U.S. soybeans significantly more expensive compared to Brazilian soybeans, which are approximately 200 yuan per ton cheaper [5][12]. - China's soybean imports from the U.S. have drastically decreased from 30 million tons in 2016 to an estimated 22.13 million tons in 2024, while imports from Brazil surged from 11.65 million tons to 74.65 million tons in the same period [7][25]. Group 2: Competitive Advantages of Brazilian Soybeans - Brazilian soybeans are favored due to lower production costs and stable supply, enhanced by a currency swap agreement with China that allows transactions without using U.S. dollars [10][12]. - Brazil's soybean production exceeds 160 million tons annually, ensuring a reliable supply to meet China's demands, while U.S. soybean quality has declined, failing to meet the increasing demand for high-protein soybeans in China [10][12]. - The efficiency of Brazilian ports has improved significantly, with a 48% increase in the number of vessels unloading Brazilian soybeans at Ningbo-Zhoushan port compared to the previous year [12]. Group 3: Economic Impact on U.S. Farmers - The U.S. soybean export value to China is projected to drop by at least several billion dollars due to the current trade dynamics, with soybean prices falling from $13-$15 per bushel in 2023 to around $9 [14][20]. - The financial strain on U.S. farmers is evident, with many facing bankruptcy risks and significant losses in income, affecting local economies reliant on agricultural revenue [16][18]. - The increase in tariffs has led to a rise in costs for agricultural machinery and fertilizers, further exacerbating the financial challenges faced by U.S. farmers [20][22]. Group 4: China's Strategic Shift in Soybean Sourcing - China is diversifying its soybean import sources to enhance food security, with projections indicating that by 2024, 71% of its soybean imports will come from Brazil, while only 21% will be from the U.S. [25][27]. - The Chinese government is also investing in domestic soybean production, aiming to increase output from 20.65 million tons in 2024 to 23 million tons by 2025 through various initiatives [25][27]. - The development of non-GMO soybean futures by the Dalian Commodity Exchange positions China as a global pricing center for non-GMO soybeans, reflecting a strategic move to gain control over its agricultural supply chain [27][29].

阿尔及利亚、利比亚和突尼斯的集体缺席尤为引人注目。利比亚因持续政 治冲突导致经济停滞。阿尔及利亚私营部门在关键经济领域的参与仍然受到限 制，经济多元化进展缓慢。 突尼斯的企业未出现在20强名单中，但有7家突尼斯公司（含3家银行）跻 身250强。突尼斯的经济体比阿尔及利亚更加开放，它充分利用了其靠近欧洲 市场的地理位置，发展了能够融入全球供应链的出口导向型产业。然而，由于 人口较少，突尼斯公司规模不如摩洛哥和埃及。 摩洛哥Barlaman Today8月6日报道，据《非洲商业》杂志报道，在北非上 市公司年度20强中，摩洛哥企业占据前六席。其中Attijariwafa银行以156亿美 元的市值位居榜首，较去年的108亿美元大幅增长。紧随其后的是摩洛哥电信 （111亿美元）、Managem、国民银行、Marsa Maroc和TAQA Maroc。 相比之下，埃及企业在榜单中表现疲软。今年仅有5家埃及企业入围 （2024年为7家），商业国际银行仍是埃及最大的企业，但在北非地区排名逐 渐下滑。埃及最大氮肥生产企业米斯尔化肥公司以17亿美元估值勉强跻身第20 名。 （原标题：摩洛哥企业包揽北非上市公司前六强） ...

Group 1 - The EU will not extend the tariff exemption policy for Ukrainian agricultural products, which will expire on June 5, 2023, and trade will revert to the 2017 agreement from June 6, 2023 [2] - The temporary removal of tariffs was implemented after the outbreak of the Russia-Ukraine conflict in 2022, but farmers in countries like Poland and France have complained about the influx of Ukrainian products harming their interests [2] - The EU had previously promised to negotiate a new trade agreement with Ukraine, but no formal negotiations have started as of May 2023 [2] Group 2 - The European Parliament has approved a new tariff law on fertilizers and certain agricultural products from Russia and Belarus, imposing a basic tariff of 6.5% on fertilizers and an additional fee of €40 to €45 per ton from 2025 to 2026 [4] - A 50% tariff will be applied to Russian and Belarusian agricultural products that have not yet been subject to additional tariffs [4] - The aim of this legislation is to diversify the EU's fertilizer production and reduce dependence on low-priced imports from Russia, although there are concerns about significant price increases for fertilizers affecting farmers [4]

Core Viewpoint - The article highlights the significant development and transformation of Xinjiang, particularly in agriculture and infrastructure, as it becomes a key area for international trade and cooperation under the Belt and Road Initiative [1][4]. Group 1: Company Development - The company founded by Dani, a Belgian entrepreneur, has expanded from one production base to four, achieving an annual sales volume exceeding 40,000 tons of water-soluble fertilizers [2]. - The company has improved over 2 million acres of saline-alkali land, contributing to the agricultural productivity of the region [2]. Group 2: Industry Transformation - Xinjiang's agricultural sector has undergone a historic transformation, with advancements in soil improvement, water-saving irrigation, and mechanized harvesting [3]. - The introduction of high-quality fertilizers has enhanced crop yields, while organic waste from livestock can be converted back into natural fertilizers, creating a sustainable agricultural cycle [3]. Group 3: Market Opportunities - The company plans to expand its market beyond domestic sales to Central Asian countries, leveraging Xinjiang's strategic position as a core area of the Silk Road Economic Belt [4]. - The entrepreneur is also exploring the introduction of Belgian Blue cattle to improve local livestock quality and economic benefits [3].