President Trump’s tariff plan is now in effect. 25 percent tariffs began overnight for both Mexico and Canada, and the existing 10 percent tariff on China was raised to 20 percent. Canadian energy is being treated differently as they are a major energy trade partner with us, and those are subject to 10 percent tariffs.
RFD-TV’s Tony St. James and Scott Shellady joined Tammi Arender to help sort it all out and how the markets are reacting.
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“We oppose the port fees because they are going to have a severe effect on the U.S. economy and, in particular, agricultural exporters and farmers.”
“South Dakota ranked dead last in international trade. We’re going to change that.”
“Our organization was the only one that publicly came out and said, ‘We support these wholeheartedly.’”
