In mid-March, President Donald Trump deemed the Community Development Financial Institutions Fund “unnecessary.” Community lenders are bracing for a possible future without it.
These companies are trying to predict when the resilient American consumer will break under rising prices and stop splurging on things like travel and takeout.
In most of the country, sending a kid to day care costs more than sending one to a public university. But in New Mexico, most families can pay nothing at all.
Copper prices rose rapidly a few weeks ago, ahead of further tariff announcements. But the metal ended up on a short list of goods exempted from import taxes.
If countries targeted by Trump administration tariffs respond with tariffs of their own, then demand could fall for American corn, soybeans and other agricultural exports.
