Impact of Tariffs on American Farmers

American farmers are worried about escalating trade wars and the impact of tariffs on their livelihoods. Tariffs lead to higher costs for farmers and lower prices for their produce, affecting their competitiveness in global markets. The potential loss of market share and long-term damage to trading relationships are significant concerns for farmers.

Energy Policy and LNG Export Legislation

Former Trump Energy Secretary Rick Perry discusses President Trump's energy agenda and challenges with winter storms in Texas. Newly introduced legislation aims to ease LNG exports. South Carolina Senator Tim Scott emphasizes the importance of increasing production for lower prices and national security.

U.S. Trade Deficit

The U.S. trade deficit decreased by 11.9% to $73.8 billion in October, surpassing economists' expectations. Both imports and exports saw declines, indicating a potential cooling in demand for foreign-made products.

Venezuela-US Oil Relations Post Sham Election

The United States received 12 shipments of crude oil and asphalt from Venezuela after the July 28 sham presidential election, which socialist dictator Nicolás Maduro claims he “won” and the United States does not recognize as legitimate. Companies like Chevron and Repsol were involved in these shipments.

Changes in Germany's Top Trading Partners

The United States is becoming Germany's top trading partner, surpassing China due to various factors like strong U.S. growth, decoupling from China, and increased competition from Chinese firms. Germany's new China strategy aims to de-risk from China while maintaining a partnership.

Biden's False Claim on Trade Deficit

Biden falsely claimed during his State of the Union Address that the U.S. is exporting products instead of importing foreign products, implying the trade deficit had been reduced. In reality, the U.S. still ran a goods and services trade deficit of nearly $779.8 billion last year, higher than under any prior president.

Boosting exports of Ukrainian grain to poorer countries

Fox News reports on the discussion between Canadian and Polish prime ministers about boosting exports of Ukrainian grain to poorer countries to ease protests by farmers in Europe. They also discussed security support for Kyiv and Poland's plans to develop nuclear energy.