RAPID CITY, S.D. (KOTA) – On what he is calling “Liberation Day,” President Trump has announced a new round of tariffs.

Trump detailed his new plan in a Rose Garden Ceremony on Wednesday.

The president’s latest taxes on imports include a 10% baseline for all countries. The package also includes a 34 percent tax on Chinese imports, 20 percent on imports from the European Union, and 24 percent on Japanese products. Trump says many of his newly announced tariffs are reciprocal and aimed at countries that put markup costs on products made in the United States.

The president signaled confidence that his new package of tariffs would be a boost to the United States Economy.

“Jobs and factories will come roaring back into our country and you see it happening already, we will supercharge our domestic industrial base, we will pry open foreign markets and break down foreign trade barriers, and ultimately more production at home will stronger competition and lower prices for consumers,” Trump said.

Trump’s tariff plans have sparked fears that the new import taxes could cause retaliation from other countries as well as raise consumer prices on Americans.

The South Dakota Soybean Association previously expressed fears that trade wars could impact the industry’s access to the Chinese market, which buys about 60 percent of South Dakota’s soybeans. Association President Kevin Deinert said Wednesday he’s still sorting out the specifics of the latest numbers.

Uncertainty appears to linger as Kota Territory News asked Deinert how he felt about China following Wednesday’s announcement.

“Anytime we have those types of disruptions or any type of kind of tit for tat type tariff situations it’s always a concern to how will that effect our markets and how will that affect our trade with them,” said Deinert. “We’ll kind of dive into the specifics of some of this stuff, and hopefully, we can reach out to our counterparts in China and still maintain some of those relationships with them,”

Under the president’s new plan, he can increase or decrease tariffs depending on actions other countries take going forward.

See a spelling or grammatical error in our story? Please click here to report it.

Do you have a photo or video of a breaking news story? Send it to us here with a brief description.

Copyright 2025 KOTA. All rights reserved.

The South Dakota Lottery offers multiple draw games for those aiming to win big. Here’s a look at April 1, 2025, results for each game:

Winning Mega Millions numbers from April 1 drawing

11-12-21-29-49, Mega Ball: 03, Megaplier: 2

Check Mega Millions payouts and previous drawings here.

Winning Lucky For Life numbers from April 1 drawing

09-20-29-36-41, Lucky Ball: 08

Check Lucky For Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

• Prizes of $100 or less: Can be claimed at any South Dakota Lottery retailer.
• Prizes of $101 or more: Must be claimed from the Lottery. By mail, send a claim form and a signed winning ticket to the Lottery at 711 E. Wells Avenue, Pierre, SD 57501.
• Any jackpot-winning ticket for Dakota Cash or Lotto America, top prize-winning ticket for Lucky for Life, or for the second prizes for Powerball and Mega Millions must be presented in person at a Lottery office. A jackpot-winning Powerball or Mega Millions ticket must be presented in person at the Lottery office in Pierre.

When are the South Dakota Lottery drawings held?

• Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
• Mega Millions: 10 p.m. CT on Tuesday and Friday.
• Lucky for Life: 9:38 p.m. CT daily.
• Lotto America: 9:15 p.m. CT on Monday, Wednesday and Saturday.
• Dakota Cash: 9 p.m. CT on Wednesday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a South Dakota editor. You can send feedback using this form. Our News Automation and AI team would love to hear from you. Take this survey and share your thoughts with us.