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Business and Economic News

China put steep tariffs on U.S. exports. Farmers are worried

China put steep tariffs on U.S. exports. Farmers are worried

The first Trump administration spent $28 billion bailing out farmers during a trade war with China. The White House has said it's starting to look at how to help this time around.
by Danielle Kurtzleben

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Federal jobs watch: Just-released February jobs report shows few losses in Minnesota

Federal jobs watch: Just-released February jobs report shows few losses in Minnesota

The federal workforce includes nearly 34,000 jobs in Minnesota. Over 20,000 are located in the Twin Cities metropolitan area. The Bureau of Labor Statistics’ month jobs report shows a loss of 100 federal jobs through Minnesota from January to February. Surprisingly, the report showed a gain of 100 federal jobs in the Minneapolis and St. Paul metro.
by Elisabeth Gawthrop and Craig Helmstetter

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Asia markets soar, after President Trump pauses global tariffs

Asia markets soar, after President Trump pauses global tariffs

Asia markets followed Wall Street’s gains after Trump announced a pause on higher global tariffs, but investors are still looking to Beijing for reaction.
by Sherisse Pham

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U.S. stocks soar after Trump pauses most tariffs

U.S. stocks soar after Trump pauses most tariffs

U.S. stocks surged on Wednesday after President Donald Trump announced a 90-day pause on the higher tariffs he had imposed on most countries — except for China.
by Rafael Nam

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'We're already on thin margins': Minnesota retailers react to the potential global tariffs

'We're already on thin margins': Minnesota retailers react to the potential global tariffs

The severe change in economic policy has rocked financial markets globally. But how could these tariffs affect markets in Minnesota? Two retailers expressed their disappointment and hope.
by Nina Moini and Ellen Finn

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