FARGO (KVRR-KFGO) – The housing industry is worried about the tariffs imposed by President Trump. “I think there’s concern because we don’t know,” said Bill Rothman, past president of the Building Industry Association of the Red River Valley, formerly known as the Homebuilders Association of Fargo-Moorhead. “When you don’t know, there’s always uncertainty.” Rothman expects major goods like lumber, plastics,…
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…
ST. PAUL, Minn. (KVRR) — As steel and aluminum tariffs take effect, Democrat Sen. Amy Klobuchar of Minnesota is talking with business owners and producers to find how it’ll impact them. The tariffs come nearly a week after President Trump announced a second pause on tariffs for both Canada and Mexico. It puts a 25% tariff on steel and aluminum….
WASHINGTON (AP) — President Donald Trump ‘s threat Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Canada led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States. As a result, White House trade adviser Peter Navarro said the U.S. president pulled back on his doubling of steel and aluminum…
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….
(KVRR) — The U.S. and Canada have had a friendly trading relationship for decades. Canada has been the largest export market for 36 states, including North Dakota. But now that tariffs are kicking in, The North Dakota Corn Utilization Council says corn farmers are becoming concerned over the rising costs and they hope for negotiations to be continued. “We’re getting…
A view from the International Peace Garden where the Canadian and U.S. borders meet. While the park has not yet seen a notable drop in visitors, some Canadians have voiced dismay at political rhetoric from the Trump administration in recent weeks. (Photo by Michelle Burnett, provided by the International Peace Garden.)WALHALLA, N.D. (North Dakota News Cooperative) — Communities and businesses…
FARGO, N.D. (KVRR) — Former U.S. Senator Heidi Heitkamp calls the tariffs “a solution in search of a problem.” As North Dakota relies on its trading relationship with Canada, Heitkamp sees that it will impact many in the agricultural community. She points out that this move has created a rift between the U.S., Canada, and Mexico. Canada has stated they…
FARGO, N.D. (KVRR) — A new LendingTree survey puts North Dakota and South Dakota in the top 10 of states that would be most vulnerable to President Trump’s tariffs. The analysis finds North Dakota would rank at number one as the most vulnerable to “retaliatory” tariffs and South Dakota third. The data comes from trades made in 2023 with nearly…
(FARGO) – The cost of materials used for constructing the massive FM Area Flood Diversion will not be affected by tariffs set to go into effect next month by the Trump administration. Beginning March 12, President Trump plans to impose a 25% tariff on all imported steel and aluminum. Trump says the tariffs are designed to strengthen domestic manufacturing. FM…
