The newest round of tariffs on China imposed by the Trump administration will be damaging for American farmers, particularly soybean and corn growers, said Kimbal Musk, the restaurateur (and brother of Elon) who founded the Kitchen Restaurant Group. Because farmers can only "innovate once a year" during harvest, what they need most is certainty.
For full interview [click here](https://cheddar.com/videos/kimbal-musk-optimistic-about-food-farming-tesla).
The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers.
A commercial fisherman accused of conspiring with others to sell 200,000 pounds (90,000 kilos) of fish in excess of legal quotas has been convicted in federal court in New York.
