Soybeans grow in a field near Casselton, North Dakota on Aug. 7, 2024. (Jeff Beach/North Dakota Monitor)CASSELTON, N.D. (North Dakota Monitor) — Soybean grower Jim Thompson said there is no way to replace a customer the size of China, but North Dakota farmers have more options than they did in the 2018 Trump administration trade war. The first Trump administration…
Sen. Jerry Klein, R-Fessenden, testifies against a bill that sought to authorize the State Investment Board to divest the Legacy Fund from Chinese investments. (Jeff Beach / North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The North Dakota Senate on Tuesday sank a bill that would have authorized the State Investment Board to divest from Legacy Fund holdings in companies…
WASHINGTON (AP) — Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%. Treasury Secretary Scott Bessent told reporters that Trump was pausing his so-called ‘reciprocal’ tariffs on most of the country’s biggest trading partners, but maintaining his 10% tariff…
DETROIT LAKES, Minn. (KVRR) — The uncertainty of the future of the economy has many concerned on the impacts of what might be next for many businesses and people in the country. “The biggest concern is uncertainty about tariffs. We obviously export a lot to countries all around the world that would be affected if there are tariffs and other…
FARGO, N.D. (KVRR) — Farmers are bracing for heavy impacts from those tariffs. Canada, Mexico, and China are three of the largest buyers of American crops, and the tariffs Trump has placed on imports from those countries have caused them to respond with retaliatory levies. Experts say this will likely cause farmers to lose money on all their major crops….
President Donald Trump, center, takes part in a signing ceremony in the President’s Room after the 60th Presidential Inauguration, Monday, Jan. 20, 2025, at the U.S. Capitol in Washington. Surrounding the president are, from left, Senate Majority Leader Sen. John Thune, R-S.D.; Senate Minority Leader Chuck Schumer, D-N.Y.; Sen. Deb Fischer, R-Neb.; Sen. Amy Klobuchar, D-Minn.; Vice President JD Vance;…
BISMARCK, N.D. (KVRR) — North Dakota lawmakers are considering a bill that would divest money from the Legacy Fund away from Chinese-owned businesses. If passed, the bill would also initiate a review of all Legacy Fund investments to determine which direct holdings include securities of any Chinese companies. Indirect investments in Chinese-owned companies, such as through a mutual fund, would…
WASHINGTON, D.C. (KVRR) – Nobody knew for certain what TikTok would look like come January 19th – the day its supposed ban went into effect. But it ended up being the 18th that saw all the drama. First, a warning. Then, a full shutdown. Followed by a quick restoration that gave credit to President Trump – the day before his inauguration….
BISMARCK, N.D. (KVRR-Prairie Public) – The North Dakota House has approved a measure to replace Chinese-made drones in the state fleet. The state owns 353 drones, 307 from China. The sponsor, Bismarck Representative Mike Nathe, says he was told by some federal officials that the Chinese drones were equipped with data gathering and transmitting devices. Nate says the cost to…
BISMARCK, N.D. (North Dakota Monitor) — Nearly 90% of drones used by North Dakota state agencies were manufactured in China, a statistic that has a Bismarck lawmaker concerned about potential security risks. Rep. Mike Nathe submitted a bill this week that proposes to spend $15 million to replace Chinese drones used by law enforcement, oil regulators, colleges and other state…
