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China tariffs

Joanna Marsh Friday, May 3, 2019

U.S. – China trade uncertainty weighs on grain volumes

The uncertainty over whether and when the U.S. and China will reach a trade agreement this year is creating a cloudy outlook for grain volumes this fall.

“We expect uncertainty to persist in the grain market due to the foreign tariffs,” said Kenny Rocker, Union Pacific (NYSE: UNP) executive vice president for marketing and sales.

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