Sung Won Sohn, professor of finance and economics at LMU, commented on the trade war between Canada and the United States. “U.S. sellers and exporters, such as farmers, will have lower sales in Canada, and some sectors of the economy will hurt badly and bear the brunt of the pain…Both Canada and the U.S. have inventories, and so those have to be sold first — and this tit for tat has been going on for some time, so inventories might be higher than normal.”
Source: Los Angeles Times