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Small businesses in the Chicago area are making some difficult decisions about their future, because of the tariffs imposed by the Trump administration and the retaliation from China.
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
Chinese officials called soaring U.S. tariffs are "a joke," Friday, while sharply hiking levies on American imports to 125%. Investors aren't laughing as the stock market wobbled again.
The move comes after President Trump raised tariffs to the same level on Chinese goods.
The owner of Timeless Toys said he was forced to buy $200,000 worth of toys due to the trade war between the world's two largest economies.
The owner of Timeless Toys in Lincoln Square says he would like to keep toys out of tariff talk and keep prices low for the holiday season, but he is nervous costs will skyrocket. Shardaa Gray reports.
The owner of Timeless Toys said he was forced to buy $200,000 worth of toys due to the trade war between the world's two largest economies. Shardaa Gray reports.
The CEO of Amazon said some prices on the e-commerce giant will likely go up due to Trump's tariffs and the trade war.
China is not part of the pause, and the administration is ratcheting up pressure on Beijing to negotiate, pushing tariffs on Chinese goods up to 125%.
Cummings, chief of staff at Stanford Institute for Economic Policy Research, reacts to the happenings in the stock market and why people should care about what they’re seeing.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
Less than 24 hours after his tariffs kicked in, President Trump placed a 90-day pause on nearly all tariffs. The move sent stocks soaring, with the Dow skyrocketing more than 2900 points.
President Trump’s latest move prompted yet another historic day on Wall Street. Erica Brown reports.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
Illinois is one of the largest exporting states in the U.S. doing business with China, and tariffs could have deep and wide-ranging effects on Illinois industry.
Illinois is the second largest importer of Chinese goods in the country, and if the trade war lingers and tariffs soar as advertised, the cost of things — and thousands of jobs — are on the line. Political Reporter Chris Tye reports.
Illinois is one of the largest exporting states in the U.S. doing business with China, and tariffs could have deep and wide-ranging effects on Illinois industry.
Illinois leaders want farmers and agricultural workers to know they have their backs when it comes to selling their good around the world, even amid President Donald Trump's escalating trade war.
Illinois leaders want farmers and agricultural workers to know they have their backs when it comes to selling their good around the world, even amid President Donald Trump's escalating trade war.
At a time when foreign leaders and business executives are desperate for clarity, the White House is sending mixed messages as it pursues conflicting goals.
Undeterred by a panicked stock market, President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war.
President Trump and Israeli Prime Minister Benjamin Netanyahu met two days before new U.S. tariffs go into effect.
As the stock market continues to plunge following President Trump's newest announced tariffs, many Americans are seeing their retirement savings, particularly in 401(k) plans, take a hit.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
The city-wide fundraiser comes as Latino families face food insecurity, wage loss, and instability after ICE activity in Chicago.
Last July, Herrera was hit and killed while walking across this intersection at Ashland and Cullerton after working a street festival in the Pilsen neighborhood.
Connor Bedard added an empty-net goal as the Blackhawks stopped a three-game slide. It was Bedard's first goal since returning from a right shoulder injury.
The incident happened at Medgar Evers Elementary School in Ford Heights last Thursday, where the Cook County Sheriff's Office said a loaded gun was found in a student's backpack.
Caleb Williams was reflective the day after and focused on attacking the offseason, while appreciating the impact this team had on the city of Chicago.
Illinois House Speaker Emmanuel "Chris" Welch posted photos of himself with Chicago Bears owner George McCaskey and president Kevin Warren at Sunday night's game as the apparent two-horse race continues to land a new football stadium.
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
Europeans were reeling Sunday from President Trump's announcement that eight countries will face a 10% tariff for opposing American control of Greenland.
Looking overseas, there is wide opposition to the idea of taking Greenland by force.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
January is Radon Action Month, and the Cook County Department of Public Health is urging residents to test their homes for radon.
Severe flu season is sending many people to hospital emergency rooms across the country, including in the Chicago area.
Unionized health care workers this week took aim at Northwestern Medicine, saying the health care system needs to hire more people before expanding the emergency room at Northwestern Memorial Hospital.
The Illinois Department of Public Health announced Tuesday that its recommendations for childhood vaccines will not be affected by a change in federal guidelines.
A development proposal issued this month calls for the replacement of a building housing a Giordiano's pizzeria in Chicago's Lakeview neighborhood with a new mixed-use building with 28 residential units.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
The Piggery, a popular barbecue restaurant and bar in the northwest corner of Chicago's Lakeview neighborhood, announced Thursday that it is going out of business.
A flamenco dance series in Chicago is expanding access to the arts by bringing the expressive traditional dance form to Chicago communities.
Monday is the opening day for a new exhibit at the Griffin Museum of Science and Industry that immerses visitors into the imaginative world of award-winning fashion and costume designer Paul Tazewell.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Dan O’Connor jumped right in on Monday morning when the lake water temperature was just 33 degrees.
Flu hospitalizations for children under age 18 have hit the highest weekly rate in more than 15 years. At least 32 children have died from the flu.
Bundle up with the heavy jackets early tomorrow morning. By the afternoon highs will hover in the teens but will still feel like the single digits during the afternoon with partly cloudy skies.
The Todos Ponen Project launched in 2020 when immigrant families were navigating the COVID-19 pandemic. Since then, it's become a long-term initiative, helping the community.
In the six months since 22-year-old Marcela Herrera's death, loved ones have searched for closure by holding rallies and protests as they push CPD to make an arrest.
The victim was found unresponsive in the alley at 64th and Drexel Sunday morning and was pronounced dead at the scene, police said.
Chicago police issued a warning about a string of vehicle break-ins involving Honda Civics on the South Side.
More than 100 cars were involved in a pileup on I-196 in Zeeland Township on Monday morning in West Michigan.
If you can brave the freezing cold, you might be able to glimpse the northern lights in Illinois Monday night.
The city-wide fundraiser comes as Latino families face food insecurity, wage loss, and instability after ICE activity in Chicago.
Chicago police issued a warning about a string of vehicle break-ins involving Honda Civics on the South Side.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
Lead-based paint was banned for serious health reasons in 1978, but most homes built before then remain covered in it.
Fire department officials in Chicago's western suburbs said drone technology has been helping keep firefighters safe and make a major impact on public safety.
With the stores becoming a common target for thieves, some of the stores in the Chicago area are taking new steps to fight back.
Connor Bedard added an empty-net goal as the Blackhawks stopped a three-game slide. It was Bedard's first goal since returning from a right shoulder injury.
Caleb Williams was reflective the day after and focused on attacking the offseason, while appreciating the impact this team had on the city of Chicago.
Caleb Williams' last throw in regulation was a backpedaling, fourth-down rainbow that landed in Cole Kmet's hands in the corner of the end zone for a breathtaking touchdown.
Despite forcing OT with a catch in the final minute in the 4th Quarter, the Chicago Bears' playoff journey comes to an end.
Chicago led 70-51 at the half and the advantage stayed above 20 points for most of the second half.
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
A judge and his wife were shot and wounded in their home over the weekend in Lafayette, Indiana.
A jewelry store in Chicago's Little India district was robbed at gunpoint Sunday evening.
A man was arrested and charged this weekend with a string of armed robberies and burglaries within a period of just over an hour earlier this month in Chicago.
The ages of the victims range from 17 to 40, according to Chicago police.
