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Soybean futures fell as concerns over sluggish demand for U.S. supplies prompted traders to take profits after a three-day winning streak.

Trump’s imposition of 25% tariffs on foreign vehicles has disrupted the long-standing system that mostly allowed the free flow of vehicles and parts across the three North American countries.

“I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA,” President Trump wrote on Truth Social.

Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.

“July may be our peak season month as retailers and manufacturers bring orders in earlier than usual, then brace for trade uncertainty," said Port of Los Angeles' Gene Seroka.

President Donald Trump threatened to impose a fresh tariff level on Japan, citing what he said was the country’s unwillingness to accept rice exports from the U.S.

China is suspending a trade and investment ban against more than a dozen U.S. companies as part of the trade agreement struck by the world’s two biggest economies.

China’s exports to the U.S. tumbled in April while its trade with other economies surged, suggesting that tariffs are hastening a shakeup in global supply chains.

Container volume grew at U.S. ports in March despite uncertainty around tariffs.

President Donald Trump’s top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.