Mexico Shrug U.S. trade officials meeting with their Mexican counterparts raised "grave concerns" over AMLO’s agricultural biotechnology policies and said modifications proposed thus far are inadequate. They committed to fully defend U.S. rights under the USMCA. The issue carries urgency because Mexico has stalled approvals of any new traits, which will eventually bring trade to a halt.  Black Sea Grain Ukrainian grain exports were down a third last year but too much of what moved went to EU members and not poor starving nations. Brussels has considered using crisis funds to compensate adversely impacted farmers, and now may reconsider the special suspension of tariffs and quotas on Ukrainian production. By contrast, the Afric...

TAGS – Macroeconomics, North America