International Trade

Measured by the bushel, the U.S.-China relationship has never been stronger.Through the trade war and open hostilities at the highest political levels, pig farmers in China and crop farmers in the U.S. have become increasingly interdependent. Already America’s biggest customer of soybeans and sorghum, for this season China bought an unprecedented 11.2 million metric tons of corn, up nearly 1,300% compared with pre-trade-war purchases.

Negotiations between Britain and the European Union over a post-Brexit trade deal are heading for a crisis weekend, with the outcome looking increasingly uncertain.

Canada’s trade deficit came in wider than expected in October as exports remain well below pre-pandemic levels.