Toymakers Anxious Over Next Round Of TariffsThe growing trade war between the U.S. and China could well become the "Grinch Who Stole Christmas." At least that's the fear of the American toy industry, which is meeting in the Twin Cities this week.
'We Are Very Grateful': Cambria CEO Credits Trump's Tariffs For Helping His BusinessOn Wednesday, the U.S. International Trade Commission ruled unanimously in favor of Minnesota-based Cambria.
Soggy Fields Leave Midwestern Farmers With Few Good AnswersSince Bob Worth started farming in 1970, this is the first year he's opted not to plant on most of his 2,300 acres near the southwestern Minnesota community of Lake Benton. It was a difficult choice, but one Worth said he felt obligated to make given the ducks that are swimming where his corn and soybeans should be growing.
Trump Announces $16B In Aid To Farmers Hurt By Trade WarPaul Gohlke, a grain farmer in Sibley County, says spring has not been kind to Minnesota's farmers. A combination of weather and world trade is hitting them hard.
'Wait And See': China Still Mulling Retaliation In Trade War With U.S.Companies were bracing Monday for how Beijing might retaliate against President Trump's escalation of a fight over technology and trade that threatens to disrupt a Chinese economic recovery.
Trump Admin. Steps Up Pressure On China With Threat Of More TariffsEarlier Friday, the U.S. increased tariffs on approximately $200 billion worth of Chinese goods from 10 percent to 25 percent.
Trump: 'Process Is In Place' To Boost Tariffs On Even More Chinese GoodsAfter the U.S. increased tariffs from 10 percent to 25 percent on $200 billion worth of Chinese goods, President Donald Trump said Friday that the "process is in place" to levy an expanded round of tariffs on effectively the remainder of Chinese imports, totaling $325 billion.
Higher China Tariffs Could Cost Americans $767 AnnuallyTrump tweeted that he intended to hike tariffs on Chinese goods to 25 percent from 10 percent put in place in September.
Survey: Farmland Prices Expected To Drop In Minnesota, 9 Other StatesA new survey says farmland prices are expected to continue their decline in parts of 10 Plains and Western states. The latest Rural Mainstreet survey shows that on average, bank CEOs in the region estimated farmland prices declined by 4 percent over the past 12 months. They expect farmland prices to fall by another 3.2 percent over the next 12 months.
Minn. Counties Try To Get Ahead Of Potential Price Hikes Due To TariffsBusinesses across the country are trying to predict how tariffs could affect day-to-day operations. And they aren't the only ones. Some counties are trying to get ahead of any potential price hikes due to steel and aluminum tariffs.
More Big Corporations Warn That Tariffs Will Mean Price HikesFrom Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump's tariffs on U.S. imports are raising their costs and prices.
Trade War With China Affecting Area Bike ShopsWith the exception of higher-end, custom bikes, the majority of frames and component parts come from China.
China Strikes Back With Tariffs On $60 Billion Of U.S. GoodsThe decision comes following the Trump administration's announcement that it was hitting $200 billion worth of Chinese goods with new tariffs.
Wisconsin-Based Boat Maker Laments Trump's Trade WarMercury Marine's CEO says a tariff on Chinese-made engines would raise the cost of a small, recreational boat by nearly $2,000.
What Are Tariffs? And Where Does The Money Go?A tariff is essentially a tax on imports.