President Donald Trump has followed through on a campaign pledge to impose significant tariffs on Canada, Mexico and China.
The Senate Judiciary Committee decided to roll over a substitute assault weapons ban to give members time to study the proposal.
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,
Illinois is highly dependent on oil and gas from Canada, meaning consumers could be in line for higher energy and gas prices due to Trump’s tariffs. About 72% of Illinois’ imports, or $47.4 billion, from Canada in 2023 was oil and gas, according to DCEO.
Depending on who you ask, tariffs deployed by President Donald Trump are either a response to unfair trade from neighboring countries or a tax increase on working families. Monday, Trump said the tariffs that went into effect Tuesday morning were meant to address the ongoing fentanyl crisis and the deadly drugs that are still
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.
President Donald Trump has signaled that new tariffs will take effect next week, targeting goods from Canada and Mexico.
U.S. President Donald Trump's tariffs on imports from Mexico carry an outsized risk for farmers in Jacksonville, Illinois, as retaliation by Mexico could prompt corn buyers in that country to turn to rival growers in South America.
The head of the Illinois Farm Bureau is urging the federal government to walk back tariffs that could damage the agriculture sector.