President Donald Trump has followed through on a campaign pledge to impose significant tariffs on Canada, Mexico and China.
Illinois residents can expect to pay more for groceries and gas soon after Trump imposed a 25% tariff on imports from Canada and doubled the tariff on Chinese products to 20% Tuesday. A tariff is a tax on food,
Trouble brewing?: Raiye Rosado, co-founder and president of Homewood-based Rabid Brewing, expects her brewery’s bills to jump if tariffs take hold. A lot of the grain U.S. brewers use is from Canada — and the industry could be hit “double hard” when factoring in aluminum imports, she said.
Gov. JB Pritzker and both of Illinois' U.S. senators are expressing alarm about how the state's economy will be affected by new tariffs on goods from Canada, Mexico and China. Pritzker, who christened the tariffs "Trump's Tax on Working Families,
The governor’s $55.2 billion budget is based on the December S&P Global forecast that projected stable economic growth and considered some of Trump’s top economic policies, including tariffs and tax cut extensions, would be implemented, Sturm said.
Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."
Retaliation came swiftly and Illinois leaders warned of potential harm to the state's economy as President Donald Trump's new tariffs on goods from Canada, Mexico and China took effect Tuesday.