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Business Casual: The Current State of the Trade War Between the U.S. and China

Could the trade war between the United States and China be inching towards a resolution? Some indicators are pointing to that answer being yes. But the primary question is: What has this trade war actually achieved? To answer that question, Daniel Litwin and Tyler Kern talked to Phil Levy, Chief Economist for Flexport. Hear…

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Business Casual: The Current State of the Trade War Between the U.S. and China

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Could the trade war between the United States and China be inching towards a resolution? Some indicators are pointing to that answer being yes.

But the primary question is: What has this trade war actually achieved?

To answer that question, Daniel Litwin and Tyler Kern talked to Phil Levy, Chief Economist for Flexport. Hear the full interview in this excerpt from Business Casual.

Tune in to MarketScale Radio LIVE every Wednesday and Friday morning at 9 a.m. CT for Business Casual with Tyler Kern and Daniel Litwin. From interest rates to esports – we’ll be talking all things B2B.

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More Food & Beverage Insights

Restaurant chains bet on better food to win back diners

Restaurant chains bet on better food to win back diners

Major restaurant chains are upgrading core menu items to win back diners who are eating out less and choosing more carefully, CNBC reports. Burger King's reworked Whopper and nuggets coincided with an 8.4% jump in U.S. same-store sales in the third quarter. Wendy's, Chili's, Applebee's, Chipotle and McDonald's are also testing or rolling out better ingredients and recipes.

  • 01Burger King's Whopper sales rose by a double-digit percentage in Q3 and nugget sales climbed more than 35% following menu upgrades, CNBC reports.
  • 02Wendy's, Chili's, Applebee's, Chipotle and McDonald's are testing or launching improved bacon, beef, chicken, brisket and coffee.
  • 03McDonald's launched Make It Golden, a multiyear training program focused on the quality and consistency of core items.

Nov 9, 2026

Former GLP-1 users cut fast-food spending more than current users, Numerator finds

Former GLP-1 users cut fast-food spending more than current users, Numerator finds

Numerator purchase data shows US households with a former GLP-1 user cut fast-food spending 4.6% over 12 months, more than households still on the drugs. Grocery recovers faster. Costco saw spending rise from these lapsed households, while several large packaged-food makers kept losing it.

  • 01Grocery spending recovers before brand spending after GLP-1 use ends: Costco gained 3.2% from lapsed households while three large packaged-food makers kept losing 4.3% to 6.6%.
  • 02Former GLP-1 households cut fast food 4.6%, deeper than the 3.4% cut among current users.
  • 03Signal to watch: whether Numerator's next quarterly tracker wave shows manufacturer declines among lapsed households narrowing toward the retailer trend.

Nov 9, 2026

Food factories' hiring problem has shifted from line workers to engineers

Food factories' hiring problem has shifted from line workers to engineers

Food industry leaders say the bigger hiring concern is now technical talent, not just line workers. Demand for engineers, technicians and data specialists is outpacing supply, and manufacturers compete with aerospace and automotive for scarce technical talent. With more than a third of workers aged 50 or older, many manufacturers are developing talent internally.

  • 01Technical roles now rank above general labour for the first time in Canadian food sector hiring needs, according to Food Processing Skills Canada's latest study.
  • 02Maintenance technicians and engineers compete across industries; aerospace and automotive can often pay higher salaries for the same skillsets, leaving food plants at a disadvantage.
  • 03More than a third of food sector workers are 50 or older, creating succession risk as retirement takes decades of technical and manufacturing expertise out of operations.

Nov 8, 2026

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