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American companies and consumers can buy some of the excess commodities, but there's a limit to domestic demand.
But these special zones are not as useful as they once were.
“I've had to pick up the pieces so many times that I know that we can get through it,” said Farmgirl Flowers CEO Christina Stembel.
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.
Gold prices have been on a tear. This week, they hit an all time high of $3,500 an ounce.
Bloomberg found farm bankruptcies were up 55% in 2024. They’re trending even higher this year.
“Betrayal” is the word that came up often with residents of Thunder Bay, Ontario.
As many as 80% of the toys we buy in the U.S. are manufactured in China. The trade war will likely speed up the shift to those other countries.
Services also account for about a third of U.S. exports.
Would-be buyers are worried about inflation — and watching their 401(k)s dwindle.