Cotton Closes Lower on Wednesday, as Reciprocal Tariffs Announced

Written on 04/04/2025
Austin Schroeder

Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement. President Trump’s “Liberation Day” tariffs came with reciprocal tariffs on Pakistan...Harvesting cotton field by Leila Melhado via iStock