April 19, 2024

Proposed tariffs weigh on markets

From Ron Dunphy

Creston

How many of your readers are feeling the “trickle down?” Not myself. I also do not expect to see an increase in prices for agricultural commodities anytime soon. Retired from producing corn and soybeans, what do I care? Well, I can and do “feel the pain” brought to friends and relatives! The financial healthiness of agriculture (or lack of it) impacts us all, today and tomorrow.

Proposed tariffs weigh on markets

Trade and tariff rhetoric between the U.S. and China accelerated this week, fueling violent swings in commodity and equity markets, while broadening the shadow of market uncertainty. The “shadow” will not overtake those responsible until Election Day 2018; a seven month wait for changes needed.

Many of us wish for a speedier impeachment process in Congress. This alone might improve the outlook of the majority of American voters, who incidentally did not vote for the current occupant of the “Mar-a-Lago” White House.