Cotton Market Plunge: Tariffs and Trade Tensions

Tariff Tensions Trigger Tumult in Cotton Markets! President Trump's surprise tariff announcement sent shockwaves through global markets, contributing to a dip in cotton futures. Despite attempts to calm the situation, cotton prices remained down, with December futures closing at 63.59. Is this a temporary downturn or the start of a new trend? Traders are on high alert, watching for the long-term impact of policy changes and international tensions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.