(Radio Iowa) – Iowa farmers, consumers and others are watchful for any impact that may be coming from tariffs President Trump is proposing on trade partners.
A new ten-percent tariff is being imposed on China, while planned tariffs on Mexico and Canada are paused for a month, but they could still be enacted. Brian Ortner, spokesman for Triple-A-Iowa, says gasoline prices haven’t fluctuated far, as yet. Triple-A says gas prices in Iowa are averaging three-dollars a gallon Thursday, while they were at two-95 a week ago, so they’ve only risen five cents a gallon since the tariffs were first announced.
Reports show Canada and Mexico, combined, supply more than 71-percent of U-S crude imports.
