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New report details S.D's international trade relationships, potential tariff impact
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New report details S.D's international trade relationships, potential tariff impact
June 12, 2025 A new report from the Dakota Institute for Business and Economic Analysis gives an in-depth look at what South Dakotan imports and exports — and how those relationships could be affected by tariffs. Applying current effective tariff rates suggests roughly $296 million in added import costs for the state, rising to $370 million if Chinese tariffs revert to 145 percent, according to the institute’s quarterly Dakota Outlook publicatio…
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