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Business and Economic News

Hibbing manufacturer responds to Trump‘s steel, aluminum tariffs

Hibbing manufacturer responds to Trump‘s steel, aluminum tariffs

Canada is the biggest supplier of steel and aluminum for the U.S. The metals are used for products like nuts and bolts, sheet metal, machining and beer cans. Will those levies be a problem for Minnesota companies that get their steel from Iron Range-mined ore and taconite?
by Cathy Wurzer and Gracie Stockton

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Thousands of fired federal workers must be offered reinstatement, a judge rules

Thousands of fired federal workers must be offered reinstatement, a judge rules

Thousands of probationary federal employees fired by the Trump administration must be offered job reinstatement, a judge in San Francisco has ruled, because they were terminated unlawfully.
by Chris Arnold and Emily Feng

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Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

The European Commission is calling on President Donald Trump to revoke tariffs now that he's threatened a 200 percent tariff on European wine, Champagne and spirits if Europe goes forward with a planned tariff on American whiskey.
by The Associated Press

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St. Paul officials express concern about Madison Equities treatment of Alliance Bank Center tenants

St. Paul officials express concern about Madison Equities treatment of Alliance Bank Center tenants

The property owner, Madison Equities, told tenants on Monday to vacate the premises immediately. It hadn’t been paying its utility bills, and the power was scheduled to shut off Wednesday.
by Alex Haddon and MPR News Staff

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Tariffs stoke anxiety with Minnesota officials over uncertain impacts

Tariffs stoke anxiety with Minnesota officials over uncertain impacts

Minnesota U.S. Senator Amy Klobuchar said she’s concerned about the consequences the tariffs imposed by the Trump administration. She spoke at a press conference Wednesday that featured a Minnesota farmer who worries about the impacts on agriculture.  
by Hannah Yang

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What’s with the turmoil in downtown St. Paul? Mayor Carter responds

What’s with the turmoil in downtown St. Paul? Mayor Carter responds

This is just the latest blow in a series of left hooks to downtown; Lunds and Byerlys is closing, many St. Paul Skyway stalls remain empty and thousands of feet of office space are vacant.
by Cathy Wurzer and Gracie Stockton

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Trump vows to take back 'stolen' wealth as tariffs on steel and aluminum imports go into effect

Trump vows to take back 'stolen' wealth as tariffs on steel and aluminum imports go into effect

President Donald Trump is openly challenging U.S. allies by increasing tariffs on all steel and aluminum imports to 25 percent as he vows to take back wealth he says was “stolen” by other countries, drawing quick retaliation from Europe and Canada.
by The Associated Press

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