Illinois grain farmer Lucas Strom, shown here April 10 in unincorporated Kane County just west of Chicago, had planned to purchase a grain bin but changed his mind when the price increased after the announcement of steel tariffs by the Trump administration last month. (Photo: Reuters/P.J. Huffstutter)

Steel tariff shrapnel hits U.S. farmers

Kane County, Ill. | Reuters — Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new US$71,000 grain bin last month — after the seller raised the price five per cent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. […] Read more