Economists expect we’re in for a GDP contraction in tomorrow’s report from the Bureau of Economic Analysis — and that data pre-dates the actual rollout of “Liberation Day” tariffs. Plus, the trade deficit and mini-retirements.
One of the industries that President Trump claims tariffs will positively impact is cattle and beef. This Oklahoma cattle rancher says the market is currently the best he’s seen it, but doesn’t know how long it will last.
Local lenders who rely on the federal program are bracing for the potential loss. Plus, a first-time homebuyer in Anchorage, Alaska, and other world leaders who have championed tariffs.
Through uncertainty about the economic future of the U.S., community banks remain resilient and reliable safe haven as consumers look to save their money.
