The tariffs were supposed to help American industry. But for U.S. distillers, they’ve done the opposite. Canadian provinces pulled American alcohol from shelves, and sales collapsed—down 85 percent in the second quarter. Jim Beam just announced it’s closing its flagship Kentucky distillery[...]
Tag: Tariffs & Trade
A look back at a turbulent 2025 for soybeans, corn and wheat
After a year of sharp swings in the ag markets, there’s finally a note of cautious optimism for soybean producers. China has returned—at least partially (and with much proof yet to come)—to the U.S. market, easing some of the pressure created by[...]
Port: North Dakota farmers need competent trade policies, not a bailout
A new round of federal aid is headed to farmers, but it arrives with political and economic contradictions. The administration has rolled out a $12 billion bailout to offset damage from tariffs—tariffs that economists note are ultimately paid by Americans, including the[...]
ND Christmas tree farmers see demand rise
The price of artificial Christmas trees is climbing this year—tariffs have pushed many stores to raise prices—and that shift is sending more families back to tree farms. For Mary Podoll, one of North Dakota’s few Christmas tree growers, the uptick in demand[...]
Experts urge Ottawa to seek new trading opportunities within the Western Hemisphere
A new report argues Canada is overlooking some of its closest economic opportunities—and they’re not across the Pacific, but just to the south. The Canadian Council for the Americas is urging Ottawa to complement its infrastructure agenda by building deeper partnerships in[...]
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Costco is suing Trump to avoid getting stuck with the tab on tariffs
Costco is taking the federal government to court, pushing to protect its chance at a refund if the Supreme Court ultimately rejects President Donald Trump’s emergency tariffs. The company argues that, without intervention, a looming deadline could cut off its ability to[...]
In Congress, He Said Tariffs Were Bad for Business. As Trump’s Ambassador to Canada, He’s Reversed Course.
The looming shutdown of Howard Miller, a century-old clockmaker in western Michigan, shows how quickly trade policy can ripple through local economies. The company points to fast-moving tariffs under the Trump administration as the breaking point, driving up costs on parts they[...]
Canadian Beekeepers call for import ban on non-North American bees as deadly mite spreads
Canadian beekeepers are raising fresh concerns about a fast-spreading parasite overseas and urging policymakers to act before it reaches North America. The tropilaelaps mite, already found in parts of Asia and the Caucasus, can wipe out hives by attacking young bees. Industry[...]
USDA Data Undercuts Claims of Major Chinese Soybean Purchases
China’s promised return to the U.S. soybean market is looking far less certain now that the latest USDA data is out. Instead of the millions of tons officials touted after last month’s Trump–Xi meeting, the numbers show only two confirmed Chinese purchases[...]
Trump drops tariffs on beef, coffee, tropical fruit
President Trump’s decision to roll back tariffs on everyday staples marks one of the sharpest shifts of his second term, and it comes at a moment when voters are feeling the strain of high grocery bills. Beef, coffee, spices, fruit, even fertilizer—all[...]
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Trump’s $2,000 tariff ‘dividend’ post is likely to fuel the stimulus check rumor mill for months
President Trump’s latest tariff-related claim is already rippling through the news cycle: a $2,000 “dividend” for Americans who aren’t high-income. The idea appeared in a weekend Truth Social post, but even his own treasury secretary says he’s unaware of any such plan.[...]
‘Sky is done falling,’ North Dakota rancher says of dropping cattle prices
North Dakota rancher August Heupel has yet to sell any of the beef calves he has raised this year, so far avoiding the recent drop in prices that was fueled in part by comments from President Donald Trump on importing beef. Heupel[...]
USDA transfers $13B into ‘slush fund’ for future tariff relief
A quiet reshuffling inside the Agriculture Department has set off alarm bells in Washington. Nearly $13 billion meant for long-standing farm support programs was moved into an emergency relief fund tied to President Trump’s tariff policies—without notifying Congress. The money now sits[...]
North Dakota soybean farmers hopeful as China agrees to large purchases
After years of uncertainty in the U.S.-China trade relationship, North Dakota soybean growers are finally seeing a glimmer of relief. Treasury Secretary Scott Bessent announced that China has agreed to purchase millions of tons of American soybeans over the next several years—potentially[...]
Saskatchewan looks to bolster interprovincial trade amid tariffs
As global trade tensions rise, Saskatchewan is turning its focus inward — strengthening economic ties within Canada. A new bill, the Saskatchewan Internal Trade Promotion Act, aims to make it easier for goods and services to move freely across provincial borders, cutting[...]
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On This Day | Debating Tarriffs
Resolved, that the Underwood Tariff Law of 1913, and the general tariff principles of the democratic administration have dealt a hard blow to general business throughout the country, and that the principles and provisions [...]Read More... from On This Day | Debating[...]