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Tariffs Hitting Local Businesses

Tariffs Hitting Local Businesses

Photo: WNAX


More tariffs and counter tariffs have been enacted between the US and many trading partners including Canada, Mexico, China and the E.U.
Dave Owen, President of the South Dakota Chamber of Commerce and Industry, says those trade barriers will hit many of their members……

Owen says all of US trade policy is unsettled right now…….

Owen says future business expansions will be affected……

The US Chamber of Commerce estimated that tariff issues could cost South Dakota about one hundred thirty million dollars. Iowa could see a nine hundred million dollar impact, Minnesota about five hundred million, and Nebraska would see over three hundred million dollars in lost business.

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