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10/10/2025 Click Above to Watch the Morning Market Talk Video Low Man Wins On the Grains Soybeans faced follow through selling overnight and are now poised for weekly losses. Corn and wheat are also lower this morning and posting losses for the week. China’s attempt to gain leverage is accelerating ahead of planned trade talks between President Trump and Xi Jinping in South Korea at the end of this month. After a move to tighten export controls of rare earth metals exports earlier this week, Beijing will slap new port fees on U.S. ships and started an antitrust investigation into Qualcomm Inc. Beginning Oct. 14, China will start collecting fees on ships owned by U.S. companies and individuals, as well as those built in America, starting Oct. 14. The move coincides with the date Washington plans to impose new charges on large Chinese ships calling at U.S. ports. Besides levies on Chinese ships, the Trump administration is reportedly considering barring Chinese airlines from flying over Russia on flights to and from the U.S. and expanding sanctions to further prevent the likes of Huawei Technologies Co. accessing restricted U.S. goods. It’s a game of leverage between two heavyweights in which the low man…

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