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.

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,

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 flowing across the southern and northern U.

Gov. JB Pritzker and both of Illinois' U.S. senators are expressing alarm about how the state's economy will be affected by new tariffs on goods from Canada, Mexico and China. Pritzker, who christened the tariffs "Trump's Tax on Working Families,

The governor’s $55.2 billion budget is based on the December S&P Global forecast that projected stable economic growth and considered some of Trump’s top economic policies, including tariffs and tax cut extensions, would be implemented, Sturm said.

CANADA (TNND) — Canada's Liberty Party has elected former central banker Mark Carney to replace Prime Minister Justin Trudeau amid a trade war with the United States. Carney, 59, won in a landslide with 85.9% of the vote.

If President Trump does not resolve his dispute with our northern neighbors soon, the real victims will be U.S. consumers, businesses, and farmers.

President Donald Trump has signaled that new tariffs will take effect next week, targeting goods from Canada and Mexico.

Five Democratic state Treasurers called for an end to the trade war with Canada and Mexico and warned impending tariffs will have detrimental impacts on everyday Americans.

WASHINGTON In a speech on the Senate floor today, U.S. Senate Democratic Whip Dick Durbin (D-IL) spoke out against President Trump’s tariffs on Mexico

China and Canada hit back swiftly after Trump's sweeping trade tariffs took effect at midnight U.S. time Tuesday, escalating fears of a global trade war. International markets, meanwhile, continued to slide amid growing uncertainty.

Trump put 25% tariffs on goods from Canada and Mexico on Tuesday. Markets tanked. And by Thursday, he had decided to broadly lift them.