trade

South Dakota’s View on Tariffs, Trump and the Impact on Agriculture

Political pundits Dave Roetman and Aaron Matson weigh in on the bigger issues plaguing South Dakota and the nation

What sort of a lasting impact will the President’s threat of a tariff on Mexico have on trade and the future flow of immigration? Our local political pundits, Dave Roetman with the South Dakota GOP and Aaron Matson with the state Democratic Party, understandably do not agree on an answer. Matson believes the President hasn’t done much new to negotiate,…

Mexico Warns Against a 5% Tariff on its Goods 

Mexican Foreign Affairs Secretary Marcelo Ebrard, center, speaks at a news conference at the Mexican Embassy in Washington, Monday, June 3, 2019, as a Mexican delegation arrives in Washington for talks following trade tariff threats from the Trump Administration. (AP Photo/Andrew Harnik)Mexico says that imposing a 5% tariff on its goods would be very costly for the economies of both…

Where Do South Dakotans Fall on Trade War, Mueller Report?

Political pundits weigh in on global issues and how they're impacting residents here at home

There are a lot of big conversations swirling in the nation’s capital that have a very direct impact on residents here at home in the Midwest. Data Director for the state Republican Party, Catherine Barranco, and Communications Director for the South Dakota Democratic Party, Aaron Matson, joined us in the studio Thursday morning to talk about how South Dakotans are…

US Economy Grew at Strong 3.2% Rate in First Quarter

WASHINGTON – The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown. The advance in the gross domestic product, the broadest measure of economic health, marks an acceleration from a…

AP Analysis: Steel Tariffs Waived Even With Tough Trade Talk

FILE – In this June 5, 2018, file photo, rolls of steel are shown in Baytown, Texas. Despite President Donald Trump’s tough talk on trade, his administration has granted hundreds of companies permission to import millions of tons of steel made in China, Japan and other countries without paying the hefty tariff he put in place to protect U.S. manufacturers…

China, U.S. Announce More Trade Talks Next Week

BEIJING – A U.S. trade envoy says talks on a dispute over Beijing’s technology ambitions “made headway on very, very important” issues. Trade Representative Robert Lighthizer expressed optimism but gave no details after the two countries wrapped up two days of trade talks on Friday. The official Chinese news agency says negotiators will meet again next week in Washington. Categories:…

World Economy Forecast to Slow in 2019 Amid Trade Tensions  

DAVOS, Switzerland – The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates. The IMF expects global growth this year of 3.5 percent, down from 3.7 percent in 2018 and from the 3.7 percent it had forecast for 2019 back in October. Unveiling its forecasts at the…

Stocks Surge On Trade Talks, Jobs Report

NEW YORK – Stocks are jumping early Friday as investors are encouraged by news of trade talks between the U.S. and China and a strong report on the U.S. job market. The Dow Jones Industrial Average rose 467 points, or 2.1 percent, to 23,154. The S&P 500 gained 2.1 percent, to 2,498. The Nasdaq rose 2.3 percent, to 6,614. Technology…

Why Slowing Economies Could Prod US and China to Reach Deal

WASHINGTON – The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness. The import taxes the two sides have imposed on hundreds of billions of each other’s goods – and the threat of more to come – have heightened anxiety on each side of…

Helpline Center Offering Support To Farmers   

SIOUX FALLS, S.D.-The suicide rate among farmers, especially in rural areas continues to grow across the nation. This year has been especially tough on farmers between trade wars, tariffs, and weeks of bad weather. It’s left many feeling tired, worn out and angry. Staff at the Helpline Center want to remind farmers who are struggling that it’s okay to “check…

South Dakota AG Community: Critics of Trade War & Bailout Plan

The president announced Tuesday, July 25th, a $12 billion plan to pay farmers for their losses and find new global markets.   However, some in South Dakota’s ag industry say a bailout won’t stop the damaging domino effect of the trade war with China. “It’s kind of a poor bandaid to put on for the time being,” said Scott Stahl,…

South Korean Trade Team Visits South Dakota

BRIDGEWATER, S.D. – Free trade is a hot topic across the nation, with President Donald Trump withdrawing the U.S. from the Trans Pacific Partnership. He’s also considering re-negotiating other trade deals. But that’s not stopping some major international buyers from coming to check out American crops, including ones right here in South Dakota. From fresh off the stalks, to leaving…