President Trump took up the opportunity on National Agriculture Day to congratulate American farmer by saying that they are the backbone of the country, “Our Nation was founded by farmers. Our independence was won by farmers. And our continent was tamed by farmers. Our farmers always lead the way -- we are PROUD of them, and we are DELIVERING for them!” as his protectionist agenda casts a shadow over American farmers.
As President Trump imposed 25 percent tariff on all Steel imports to the country and 10 percent tariff on Aluminum imports and as reports suggest that his administration is set to announce additional tariffs/restrictions on Chinese goods worth $60 billion by the end of the week targeting telecommunications and technology sectors, China’s nationalist tabloid Global Times, which is often described as the mouthpiece of the Chinese government warned that China is likely to impose tariffs on U.S. Soybean imports.
Mr. Hu, who often writes the paper’s editorials, said on Twitter, “I’m sure if Trump imposes high tariffs on imported products from China, the backlash will first come to American soybeans worth over $10 billion sold to China every year. This is no casual comment. Please read tomorrow’s Global Times for further information”.


Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 



