Tariffs, proposed shipping costs, lead to uncertainty in ag industry
Tariffs and retaliatory actions by trading partners are causing “uncertainty” throughout the ag industry, and economic experts during NDSU’s Agricultural Market Situation and Outlook Webinar on April 4 discussed the impacts of the tariffs on agriculture, as well as the new proposals for shipping and vessels, especially for Chinese vessels, that would charge upwards of $1 million for entry into the U.S. ports.Steel and aluminumTariffs on steel were set at 25 percent and will con