(Source: Motley Fool, November 9, 2016)
NEW YORK — Shares of railroad Kansas City Southern fell as much as 14.3% today after the election shook up companies tied to trade. As of 3 p.m. EST shares were down 10.6%. There’s concern in the market that the U.S. will begin embarking on a trade war under the Trump administration. And if that happens it will reduce trade and demand for rail services, particularly to Mexico, where Kansas City Southern has exposure.
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