Since the turn of the century, global agricultural trade flows have roughly tripled, reaching 1.2 trillion US dollars in 2015. However, the forecasts for future developments are mixed – also because of uncertainty caused by the new US President’s statements on trade policy. This second part of our trade focus isn’t meant to be a rehash of the familiar “free trade versus protectionism” arguments. But the framework really is different. Climate change, price volatility in the agricultural markets as well as Agenda 2030 all call for a review of how individual aspects relate to one another in the overall context.