Canada looks set to pick a measured former central banker to deal with the threats President Donald Trump’s tariffs pose against a pillar of Western free trade.
Chicago’s Timothy P. Sheehan put forward a congressional resolution calling for the annexation of Canada by the United States.
From breweries to farms, businesses are bracing for higher costs as well as product and supply chain disruptions — and the hits could affect what consumers pay.
The Inspired Home Show in Chicago draws housewares industry insiders from all over the country to network and show off their latest gadgets. This year, they're making plans to cope with tariffs.
Trump has whipsawed on tariffs in recent days, imposing sweeping levies on Tuesday before paring back some of them, including goods from Mexico and Canada covered under the countries' USMCA trade agreement. Canadian Prime Minister Justin Trudeau slammed the new tariffs as “very dumb” earlier this week.
This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February.
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FOX 32 Chicago on MSNTrump's tariffs could hit Chicago businesses hardPresident Trump’s newly imposed tariffs are expected to have widespread economic effects across the country, including in Chicago.
President Donald Trump went forward with sweeping tariffs at midnight on goods imported from Canada and Mexico, while doubling down on punitive duties on China.
President Trump on Wednesday announced a one-month exemption on tariffs against Canada and Mexico for cars following a meeting with the three major U.S. automakers. Trump spoke with the leaders of
President Donald Trump Thursday paused the 25% tariffs on Canada and Mexico that started earlier this week, with plans to restart them in April.
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