(Washington, D.C.) — South Dakota’s U.S. Senator Mike Rounds is sharing his thoughts on President Trump’s tariffs and the stock market impact. Rounds tells KELO Land News the dip in the stock market is a significant one, and that it’s going to take some time to recover. He believes the Trump Administration isn’t in a “panic mode” but will have to “reassure the American public that this pain is going to be short-term in nature.” South Dakota’s ag industry particularly could see noticeable effects after markets have been taking a steady beating over concerns President Trump has ignited a global trade war with his new tariffs.
