European Trade Takes Fresh Tariff Hit as U.S. Exports Slump
Exports to the U.S. continued to slow sharply, declining by 10% on year in June.
https://www.wsj.com/economy/trade/european-trade-takes-fresh-hit-from-trump-tariffs-e912062e?gaa_at=eafs&gaa_n=ASWzDAjyv7JABbC24mlcYxocpcONKzU4FURyX0kueUjph1Zwx31WjPgIipim&gaa_ts=68a792d4&gaa_sig=SwjySDZ9T3P5Cn8zwIOPxeWVPkjRmKF6xlvmvDWpdI_RQQE3N3PoFk_oT3laQ0bllYy2LaqTMsKB9DLPw8wqhA%3D%3D
U.S. agricultural trade deficit reaches a new high—nearly $29 billion.
“Ag exports through June totaled $85.6 billion with imports totaling $114.1 billion, a deficit of nearly $29 billion compared to last year’s trade deficit of $18.4 billion during the same period.”
https://www.dailyherald.com/20250821/agriculture/u-s-agricultural-trade-deficit-reaches-nearly-29-billion/
Majority of college students say they will be affected by Trump’s new tax bill: ‘Honestly, I’m cooked’
Survey shows 60% of students say they would personally feel impact of bill that sets new caps on borrowing.
https://apple.news/A2w_e7sYZT4ut60hRDCuiaQ
Paper mill's closure to create $182M annual hole in Southwest Georgia's economy.
“Bridges said that he sent a letter warning of the impacts of the mill’s closure to about 50 leaders, including the governor, key state lawmakers and influential people in forestry and labor.
“I wrote that letter on the 18th of May,” he said. “You know how many responses I’ve had? Zero.” 🥲
The mill’s closure was not widely covered in media outside of South Georgia.”
https://www.gpb.org/news/2025/08/11/report-paper-mills-closure-create-182m-annual-hole-in-southwest-georgias-economy
Walmart says tariff costs are rising 'each week' and will continue.
https://www.gpb.org/news/2025/08/21/walmart-says-tariff-costs-are-rising-each-week-and-will-continue
Far fewer Canadians are visiting the U.S. this year, new numbers show.
“Canadian residents made just 1.7 million return trips by motor vehicle back into their country from the U.S. in July, a nearly 37% drop from the same month in 2024, according to a report published this month by Statistics Canada.”
https://www.gpb.org/news/2025/08/21/far-fewer-canadians-are-visiting-the-us-year-new-numbers-show
Montana ag producers have a beef with Trump’s tariffs.
“Montana ranchers, farmers and the state’s tourism industry expressed deep concern with President Donald Trump’s tariffs during a press call on Thursday.”
https://dailymontanan.com/2025/07/25/montana-ag-producers-have-a-beef-with-trumps-tariffs/