A look at what Minnesotans are paying at grocery stores
President Trump's looming tariffs on Canada and Mexico could lead to higher food prices.
Watch CBS News
President Trump's looming tariffs on Canada and Mexico could lead to higher food prices.
Wall Street opened lower on Monday after President Trump didn't rule out a potential recession during an interview over the weekend. It comes as Congress has to pass a budget by the end of the week to avert a partial government shutdown.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
President Trump is downplaying concerns about the possibility of a recession, but also not ruling it out.
Minnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario if President Trump's ongoing tariff war doesn't end by Monday.
Even with a tariff pause on many goods from Canada and Mexico, uncertainty still looms over industries from agriculture to autos.
President Trump's trade war with Canada has caused some uncertainty for Minnesotans, especially when it comes to future electric bills.
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.
The Nasdaq plunged 483 points closing down nearly 10 percent from its record two weeks ago. The Dow is on track for its worst week since March of 2023. Erica Brown has the latest on Trump's tariffs and efforts to shrink the federal government.
Ontario's leadership threatened with an additional surcharge for electricity they export to a few neighboring U.S. states.
President Trump is now pausing more tariffs against two of America's biggest trading partners: Mexico and Canada. And there may be potential changes to the Education Department coming from the White House.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Automakers will get a one-month reprieve from 25% tariffs on imports from Mexico and Canada.
As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
In 2023, the US exported nearly $90 billion dollars in agricultural products to Canada, Mexico and China.
Sales and profits slipped for Minneapolis-based Target during the crucial holiday quarter as customers held back on spending and the company said there will be "meaningful pressure" on its profits to start the year because of tariffs and other costs.
Farmers are going to feel it as America's three biggest trading partners hit back against President Donald Trump's tariffs. In 2023, the U.S. exported nearly $90 billion in agricultural products to Canada, Mexico and China. Jason Rantala visited a farm in Cannon Falls to hear about the impact.
Target CEO Brian Cornell said on Tuesday consumers will “likely see price increases over the next couple days” for certain categories, including produce staples like avocados, bananas and strawberries.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
Starting Tuesday, Trump said most goods coming from Mexico and Canada will get hit with a 25% tariff.
President Trump says one of the world's largest chip makers is expanding its U.S. manufacturing plans, ahead of what could be more tariffs beginning Tuesday.
New warnings about higher prices for Minnesotans after President Donald Trump announced 25% tariffs on aluminum and steel. According to government estimates, the U.S. imports most of its aluminum from Canada. In Minneapolis, the Canadian Consulate hosted Minnesota business leaders and government ministers from nearby Sasketchewan.
Tuesday in Minneapolis, Canadian ministers met with local business leaders to discuss issues related to the now-delayed 25% tariffs on all imports from Canada and Mexico.
On Tuesday in Minneapolis, Canadian ministers met with local business leaders to discuss issues related to the now-delayed 25% tariffs on all imports from Canada and Mexico.
President Trump also says he'll announce "reciprocal tariffs" on Tuesday or Wednesday.