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Bankers back Trump’s tariff strategy, RMI survey says

The latest Rural Mainstreet Index reveals most Midwestern bankers support President Trump’s tariff strategy.

Creighton University economist Ernie Goss tells Brownfield, “Farmers and the bankers are supporting the president’s approach. Now, we haven’t seen the retaliation yet and that’s my real concern. If we don’t see retaliation that would be especially good for agriculture and manufacturing, two important sectors for this part of the country.

More than 70% of bankers surveyed in the March index backed recent tariff actions.

The RMI is a monthly survey of ag bankers in 10 states including Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, and South Dakota.