Less coal revenue would be a sizable financial hit to state budgets. Plus: rate cut pros and cons, domestic soybean farmers, and the death of consumer loyalty.
The last six months of shifting import policy have created a lot of uncertainty, which will continue as the Supreme Court weighs in on the tariffs’ legality.
China is typically the destination for over a quarter of the U.S. soybean harvest. Now, U.S. farmers have a choice between selling at lower prices domestically or storing crops in hopes of a trade deal.
Wyoming is set to lose about $50 million a year because of new federal breaks for the coal industry. This has state lawmakers looking for ways to recoup the revenue loss.
The shopper-brand relationship has always relied on loyalty. But gone are the days of free upgrades or special discounts — now, longtime consumers often get higher prices.
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