Businesses, farmers in Indiana to feel impact of China tariffs [Video]

INDIANAPOLIS — The tariffs President Donald Trump ordered on Mexico and Canada are paused for now, but the 10% price hike on Chinese imports started at midnight Tuesday, Feb. 4.

Already, China is retaliating with tariffs of its own.

So what does all of this mean for us in Indiana?

There are potential impacts on Hoosier businesses, farmers and consumers.

Most Indiana-grown soybeans on Brian Warpup’s farm in Huntington, leave the United States — and most go to China.

Some of his farm equipment has parts made in China.

So new tariffs and a trade war? He’s paying close attention.

“It’s always on our radar. It’s something I check daily, if not hourly,” Warpup said.

So far, his crops are not affected. But machinery used for agriculture could be costlier soon.

China is imposing its own tariffs on …