Canada and Mexico are among the top three countries for Minnesota’s agricultural exports, and both countries are expected to retaliate.

Economist John Spry predicts with the new Trump tariffs, the price is going up. “Roughly $100 a month more for the stuff you buy for as long as they’re in effect,” explains Spry, a finance professor at the University of St. Thomas. “These are big tariffs: 25% on everything from Canada and Mexico, except for a lower 10% on energy.”

Minnesota companies were assessing the damage Tuesday of the trade war between the U.S. and its three biggest trading partners, an escalating tit-for-tat that will affect billions of dollars in state imports and exports.

After delaying proposed tariffs once, President Donald Trump has now implemented them on most goods from Canada and Mexico. They went into effect at 12:01 a.m. Tuesday.

Ontario Premier Doug Ford threatened to impose a 25% surcharge on or shut off the electricity the province exports to Michigan, New York and Minnesota.

Two of America’s largest retailers, based in Minnesota, are warning prices will increase following President Donald Trump’s new tariffs on imported goods from Mexico, Canada and China.

Arizona Attorney General Kris Mayes hosted attorneys general from Minnesota, New Mexico and Oregon Wednesday night to hear concerns from Arizona citizens affected by federal job cuts and spending freezes.