Trade, Tariffs, and Soybeans
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
The next big financial time bomb could well be commercial real estate. Vacancy rates have skyrocketed across the country, rental income is down, and many commercial investors will need to refinance massive loans in the still frozen credit markets.
From the NY Times: