Lane watch: Stable wholesale market still awaiting tariff impact

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Lane watch: Stable wholesale market still awaiting tariff impact

Black Book reported wholesale values softened by 0.36% last week, a reading consistent with the previous week and the average spotted during the same week before the pandemic. However, analysts are bracing for impact of the much-ballyhooed tariffs orchestrated by President Trump. “Despite the uncertainty introduced into the market last week due to the president’s negotiations with Canada and Mexico regarding a 25% tariff on imports, the wholesal…