Tariffs | Trade War

With the announcement of new tariffs on lumber and other furniture supplies, many braced for higher prices, but one South Dakota business owner said he’s not feeling the pain from the Trump administration’s latest round.

President Trump announced a new 10% tariff on foreign softwood lumber and timber. That could increase the price of beds Sleep in Heavenly Peace provides.

Some retailers are growing frustrated at the volatility of tariff rates and other federal changes as they try to turn a profit for their businesses.

Some South Dakota farmers and ranchers recently took to Capitol Hill to voice their concerns about trade impacts on the ag community.

While several small-town economies rely on tourism in South Dakota, even the state’s largest city, Sioux Falls, is feeling the impact of lower visitor revenue.

A Governor-led trip to the United Kingdom and Ireland looked to expand trade opportunities for South Dakota businesses.

Gov. Larry Rhoden is leading a trade mission to the United Kingdom and Ireland this week in hopes to expand opportunities for South Dakota businesses.

South Dakota Trade holds the annual Midwest Agriculture Summit, or MAES, in Sioux Falls. 2025’s theme was “Getting to surplus: fixing the agricultural trade deficit."

President Trump is announcing another round of tariffs across 66 countries. While the exact impacts aren’t hashed out yet due to negotiations, SDPB spoke with an economist to see what could be on what could be on the horizon.

The trade war has made its way to the Midwest according to economists, and the most recent regional report reflects this trend.