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Major tariffs are set to go into effect Tuesday morning after President Trump signed an executive order over the weekend. And it could have a big impact on everything from your gas to your groceries.
Trump says the tariffs on Canada, Mexico and China are necessary to pressure the countries do more to curb fentanyl coming into the U.S.
On Monday morning, President Trump paused tariffs on goods from Mexico as the two countries work out a deal. But 25 percent tariffs are still set to go into effect with Canada, along with a new 10 percent tariff on Chinese goods.
Canada is Minnesota's top trading partner. According to the state’s trading office, in 2023 Canada’s total trade with Minnesota was $21.2 billion. That’s followed by Mexico with $6.6 billion and China with $6 billion.
Joining Minnesota Now to explain how the tariffs might affect Minnesotan consumers is Kingshuk Sinha, the chair of the Supply Chain and Operations department University of Minnesota’s Carlson School of Management.
By Minnesota Public Radio4.7
4747 ratings
Major tariffs are set to go into effect Tuesday morning after President Trump signed an executive order over the weekend. And it could have a big impact on everything from your gas to your groceries.
Trump says the tariffs on Canada, Mexico and China are necessary to pressure the countries do more to curb fentanyl coming into the U.S.
On Monday morning, President Trump paused tariffs on goods from Mexico as the two countries work out a deal. But 25 percent tariffs are still set to go into effect with Canada, along with a new 10 percent tariff on Chinese goods.
Canada is Minnesota's top trading partner. According to the state’s trading office, in 2023 Canada’s total trade with Minnesota was $21.2 billion. That’s followed by Mexico with $6.6 billion and China with $6 billion.
Joining Minnesota Now to explain how the tariffs might affect Minnesotan consumers is Kingshuk Sinha, the chair of the Supply Chain and Operations department University of Minnesota’s Carlson School of Management.

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