The United States has imposed a new 35% tariff on most Canadian imports, effective immediately, after President Trump signed an executive order citing concerns over drug trafficking and Canada's retaliatory trade actions.While goods that qualify under the Canada–U.S.–Mexico Agreement (CUSMA) may be exempt, the full list of affected products is not yet clear. The move adds a new layer of…
Farmers in North and South Dakota say U.S.-imposed tariffs on Canadian imports are having a serious impact on their operations. Though Canada was exempt from the latest round of tariffs announced by President Trump, earlier ones — like the 25% duty on certain goods — remain in effect.Doug Sombke, president of the South Dakota Farmers Union, says the tariffs are driving up costs for key inputs,…