Markets Jump on Trump Tariff Shift, China Hit With 145% Levy | Cattle Call
Cattle Call
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9m 57s
President Trump announced a 90-day pause on higher tariffs for dozens of countries, but hiked levies on China to 125% on Wednesday afternoon.
On Thursday, Trump increased tariffs on Chinese imports to an effective rate of 145%.
Over the noon hour on Wednesday, soybeans jumped 16 cents higher, while feeder cattle traded $6 higher and live cattle traded $3.50 higher.
Brad Kooima of Kooima Kooima Varilek joined the Rural Radio Network's Cattle Call with a live update on how it impacted the ag commodities.
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