Minnesota Businesses Brace As Trump Increases Tariffs On China To 125%

CBS Minnesota

April 10, 2025 / 10:26 PM CDT

Despite thousands of miles and an ocean between them, some Minnesota businesses rely on deals with China.

"I can't sleep because it's going to be a big impact for our customers," Tracy Tran, who co-owns Asia Mall, said. "Some suppliers have already sent letters informing us that the prices will increase, and some just did a verbal."

Tran is already feeling the impacts of trade tensions with China. While President Trump announced on Wednesday a 90-day pause on most of his new tariffs, the president also said he's increasing the tariff rate on goods imported from China to 125%.

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