Regional Briefings Detail How Trump Administration Tariffs Are Driving Up Costs in South…
What happened
At the Sioux Falls Metro Economic Briefing on September 24, 2026, executives discussed the economic impact of tariffs implemented by the Trump administration. Brian Gramm, CEO of Journey Group, and Crystal Lail, CFO of NorthWestern Energy, stated that these tariffs have driven up costs for essential materials such as metal and wood. The cost increases are currently being absorbed by the companies, a phenomenon described by professor Joe Santos as "pipeline inflation."
From kfgo.com
Why it matters
The tariffs, which are taxes on imported goods, are showing up in the input costs for businesses across South Dakota. This cost pressure is exacerbated by the ongoing trade dispute with Canada affecting material flows into the state. The resulting cost increases are working their way through the system before they eventually reach consumers.
South Dakota leverages its national market for international trade.
From kfgo.com
Who's involved
- Sioux FallsHost city for the regional economic briefing.
- South DakotaState whose businesses are experiencing tariff-related cost increases.
- Donald TrumpAdministration whose policies are the subject of the economic discussion.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- South DakotaSpeculative
The state's businesses might face increased input costs due to the tariff structure.
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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South Dakota State University
public university in Brookings, South Dakota, US
Nothing else this week.
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Sioux Falls
city in and seat of Minnehaha County, and largest city in South Dakota, United States
Related events
- Presidential announcement allowing cheap imports of ground beef.
- Tariffs are creating issues for the entire retail sector, involving Trump and Brian Cornell.
- The Trump administration is currently negotiating tariffs.
- Tariffs from U.S. President Trump are being implemented, creating economic challenges for British Columbia.
- Tariffs imposed under Donald Trump's administration affected local businesses in Austin.