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Idaho exports more than $4 billion worth of goods and services annually. Of all its exporters, 85% are small or medium businesses. Those businesses are among the hardest hit by Trump Administration tariffs.
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With more than $4 billion in exports every year, Idaho's economy is driven by agriculture, manufactured goods and small businesses. However, global trade challenges are now threatening this infrastructure.
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President Trump announced that the U.S. will raise tariffs on imports from more than 150 countries, which could impact the prices of everyday items.
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Across the country, many small businesses are facing an uncertain future as they navigate rising tariffs. Among those is Grove Fruit Growers, an Idaho company that grows mangos in Cambodia.
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“Our top students aren’t finding jobs. Many companies are imposing hiring freezes.”
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We look at Idahoans are reacting to news of tariffs and an up and down stock market.
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On Wednesday, President Donald Trump maintained 10% tariff raises for most trading partners, while announcing China would face 125% increases. It’s unclear yet how those will affect Idaho’s agriculture, one of the state’s largest exporting industries.
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Tariffs and trade wars have been buzzwords for national headlines, but these issues also have an impact on local communities. Financial Analyst Jason…
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Signups opened last week for the latest USDA dairy safety net program called the Dairy Margin Coverage Program. Farmers who sign up can get benefits based…
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Increased tariffs on Chinese goods will ‘devastate’ outdoor recreation companies, an industry group warned in a letter sent to President Trump Wednesday.