Crop Trader Andersons Tumbles After Tariffs Hit US Exports

Shares of crop handler Andersons Inc. slumped to the lowest level in more than two years as uncertainty around tariffs and US port fees upended trade, pressuring first-quarter results.

Importers put off purchases of US grain and oilseeds as President Donald Trump threatened tariffs as well as levies on any Chinese vessels docking at American ports. While tariffs have been paused on some nations and most bulk agricultural cargoes will be exempt from the port fees, the developments still hit the Ohio-based company.