From the Sioux Falls, South Dakota newspaper: Farmers losing patience as tariffs costs rise. The Farmers association suggests that the grumbling will be significant should the tariffs on soybeans still be in place at harvest time.
wrote to Trump. "Trade uncertainty over just the past few months has cost South Dakota farmers and ranchers hundreds of millions of dollars they could not afford to lose."
The U.S. Chamber of Commerce estimated that the proposed tariffs against China, Canada, Mexico and the European Union would threaten $129 million in South Dakota exports. But agriculture economists said it will likely cost the state more since those exports are a mainstay of the state's largest economic sector. And farmers and ranchers said they've already felt the economic hit.
"The retaliatory tariffs are just beginning and it's going to have a trickle-down effect," said Nelson. "The farmers are getting hit right off the bat."
https://www.argusleader.com/story/ne...ome/780376002/
wrote to Trump. "Trade uncertainty over just the past few months has cost South Dakota farmers and ranchers hundreds of millions of dollars they could not afford to lose."
The U.S. Chamber of Commerce estimated that the proposed tariffs against China, Canada, Mexico and the European Union would threaten $129 million in South Dakota exports. But agriculture economists said it will likely cost the state more since those exports are a mainstay of the state's largest economic sector. And farmers and ranchers said they've already felt the economic hit.
"The retaliatory tariffs are just beginning and it's going to have a trickle-down effect," said Nelson. "The farmers are getting hit right off the bat."
https://www.argusleader.com/story/ne...ome/780376002/
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