More data is out evaluating the ongoing trade war and its impact on the Midwest. The Mid-America Business Conditions Index finds that one in eight manufacturers has reported switching suppliers to avoid tariffs that have impacted their supply chain. As a consequence of the ongoing trade war, IFB Economist Mike Doherty sees an “umbrella effect” taking shape, “in which everyone gets to raise their prices in line with the tariff. All you have to be is a little bit less than the tariff and you come out competitive.” (FarmWeekNow)