The latest tariff battle between the United States and China will be felt by Door and Kewaunee County investors, farmers and many other businesses. Bank of Luxemburg President Tim Treml says the only unknown is the extent of such impacts, especially during a prolonged standoff. Treml says investors with 401K retirement plans and other investments will be affected differently based on their current ages.
Treml says some sectors of the economy such as home and commercial construction won't likely slowdown although some cutbacks are not out of the question.
Treml recommends that investors meet with their financial advisors to decide the best course of action and adjust as the tariff battle plays out.