For farmers across North Dakota, alarm bells are ringing and could get louder following tariffs imposed on Canada and the potential for increased tariffs on China in the coming weeks.

On July 31, the Trump administration increased tariffs on Canadian imports to 35%, with 69 other countries seeing increased tariffs at varying rates. Mexico received a 90-day extension on an existing trade deal for further negotiations.

A similar 90-day pause on increased tariffs on Chinese products expires on Aug. 12. If China tariffs go into effect, they could be much higher than the current 30% rate imposed during the pause, possibly exceeding 100%.

Futures prices of some commodities like soybeans are lower and already starting to cause some concern.

A bigger looming issue is that there are currently n

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