Business & Tech
Some Chicago Companies Say They Have To Brace For Hits From President Trump's Tariffs
The price of a wide array of products will likely soon be going up as a result — affecting everything from food to electronics.
March 5, 2025
Some Chicago companies say they're facing a direct impact after President Trump launched a possible trade war Tuesday with the United States' three largest trading partners — Mexico, Canada and China.
Find out what's happening in Chicagofor free with the latest updates from Patch.
President Trump's imposition of blanket 25% tariffs on all goods imported from Canada and Mexico took effect overnight. China was hit with a second 10% tariff on U.S. exports since Mr. Trump took office, bringing the total levy to 20%.
The price of a wide array of products will likely soon be going up as a result — affecting everything from food to electronics.
