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.