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Business and Economic News

Trump changes course and delays some tariffs on Mexico and Canada

Trump changes course and delays some tariffs on Mexico and Canada

President Donald Trump on Thursday postponed 25 percent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.
by The Associated Press

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Minnesota’s first ‘Ag for All’ conference provides resources for LGBTQ+ farmers

Minnesota’s first ‘Ag for All’ conference provides resources for LGBTQ+ farmers

The theme of the conference in St. Cloud is “Transforming Barriers into Breakthroughs” and will provide an opportunity for the LGBTQ+ agriculture community to network and learn from each other.
by Nina Moini and Ellen Finn

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Minnesota’s budget situation worsens in the near and long term with possible deficit growing

Minnesota’s budget situation worsens in the near and long term with possible deficit growing

Minnesota finance officials reported worsening in the state’s budget picture in the near term and down the road, saying a small fiscal cushion had shrunk and a future potential deficit has grown.
by Dana Ferguson

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State officials forecast higher energy prices because of Trump tariffs

State officials forecast higher energy prices because of Trump tariffs

Minnesota is heavily reliant on Canada for imports of natural gas, crude oil and electricity, all of which may be subject to a 10 percent tariff.
by Dan Kraker

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Trump grants one-month exemption for U.S. automakers from new tariffs on imports from Mexico, Canada

Trump grants one-month exemption for U.S. automakers from new tariffs on imports from Mexico, Canada

President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers. Worries persist that the newly launched trade war could crush domestic manufacturing.
by The Associated Press

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Minnesota joins lawsuit against construction company for rape, assault allegations

Minnesota joins lawsuit against construction company for rape, assault allegations

Minnesota Attorney General Keith Ellison is joining a lawsuit against Absolute Drywall for violating the state’s human rights law. The construction company allegedly failed to investigate an employee’s reports of sexual harassment and rape and fired the employee who came forward.
by Estelle Timar-Wilcox

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Amazon data center planned for Minnesota sparks environmental debate

Amazon data center planned for Minnesota sparks environmental debate

Minnesota’s rules on power consumption are being put to the test after a clash with the tech giant Amazon. The company has plans to build a data center in Becker, Minnesota. State utility regulators pumped the breaks.
by Nina Moini and Ellen Finn

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