Minnesota farmers brace for fallout from Trump’s trade war with Canada and Mexico
CANNON FALLS, Minn. — On the same day President Donald Trump’s 25% tariffs on imports from Canada and Mexico went into effect, Minnesota Gov. Tim Walz and Minnesota Agriculture Commissioner Thom Petersen visited a corn and soybean farm in southeast Minnesota to highlight the impact a trade war would have on the state’s farmers.
Impact of the Trump tariffs already being felt in Minnesota
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.”
Ontario's leadership threatened with an additional surcharge for electricity they export to a few neighboring U.S. states.
The tariffs on imports from Mexico, Canada and China by President Donald Trump could have far-reaching consequences for consumers in Minnesota.
However, the company gets 11% of its power from neighboring Manitoba, which would be exposed to the Trump administration's 10 ...
Minnesota companies were assessing the damage Tuesday of the trade war between the U.S. and its three biggest trading ...
Ontario Premier Doug Ford said on Monday that he would block energy exports to the United States "with a smile" if U.S. President Donald Trump moved ahead with plans for a 25 percent tariff on ...
The DNR is also asking owners to clean up all trash and remove everything from the ice when they leave. The removal deadline ...
Ontario Premier Doug Ford said three states would face tariffs on electricity after a week of President Trump’s swipes at ...
Thunder Bay, Ontario, sits about 40 miles north of the eastern Minnesota border, and businesses there are grappling with how ...
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