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Specialty producers exporting to China have been hit just as hard as soybeans and beef. But they often have fewer alternative markets for their crops, worsening the impact of retaliatory tariffs.
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After President Donald Trump said last week that the Japanese company Nippon would invest $14 billion in U.S. Steel, it’s unclear what could happen to the Metro East steel mill.
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Florists and wholesalers might have to pivot to homegrown alternatives as tariffs wreak havoc on the floral industry. Local growers say meeting the demand will be a challenge without federal support.
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Tariffs can increase revenue and protect domestic industry, but achieving the latter goal takes time and will require domestic manufacturers to find different sources of materials in the short term.
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Christopher Waller said the tariffs could also drag down the economy as higher prices reduce spending, rippling into business investment.
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St. Louis-based business owners in the game and biking industries worry President Donald Trump’s tariffs will raise prices for their business and for customers.
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Trump’s tariff announcement has already shocked the global market. How will it impact St. Louis-area international grocers?
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The state ranks fifth in the country for agricultural product exports worth $10.6 billion, according to the Illinois Department of Agriculture.
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President Donald Trump’s proposed 25% tariff on an additional $300 billion worth of Chinese goods will have a big impact on the footwear industry, which…
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The U.S. trade war with China has created a financial burden for farmers and companies that import Chinese goods. Consumers, on the other hand, have...