“Trade is hugely important to agriculture, and consistency is important to agriculture,” said Brian Duncan, president of the Illinois Farm Bureau. “We need some signed agreements that provide some certainty and some security.”
New vehicle sales jumped in the spring as consumers tried to get ahead of tariff-induced price increases. Sales have since cooled, but major price hikes haven’t yet arrived.
The pandemic slowed down business. Now with tariffs, Kathryn Lundeen, owner of Lundeen’s Gifts in Culver City, California, feels even more uncertain about the future of her business.