MPR News with Angela Davis

Trump’s tariffs: Understanding how they could affect Minnesotans

Shipping containers in Canada
Shipping containers at the Port of Montreal in Montreal, Canada, on Feb. 2.
Andrej Ivanov AFP via Getty Images

Just two days after President Trump imposed tariffs on most products from Canada and Mexico, he suspended many of them.

The president has said tariffs can help stop fentanyl smuggling, support U.S. factories and increase revenue for the government. But his tariff threats have angered key U.S. trading partners, shaken the stock market and alarmed consumers.

MPR News host Angela Davis talks about how President Trump’s approach to tariffs could affect Minnesota businesses and consumers.

Guest:

  • Chris Farrell is senior economics contributor for MPR News and Marketplace.

two people in studio
MPR News host Angela Davis (right) talks with Chris Farrell, the senior economics contributor for MPR News and Marketplace, in an MPR News studio on Monday.
Cari Dwyer | MPR News

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