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Business and Economic News

Farmers fear tariffs could cost them one of their biggest markets in China

Farmers fear tariffs could cost them one of their biggest markets in China

Heading into this year, most U.S. farmers were hoping to break even or maybe record a small profit. But now they are faced with losing the biggest export market for many of their crops after China retaliated against President Donald Trump’s tariffs.
by The Associated Press

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Markets plunge after China retaliates against Trump tariffs

Markets plunge after China retaliates against Trump tariffs

Wall Street’s worst crisis since COVID-19 slammed into a higher gear. The S&P 500 plummeted 6 percent Friday, the Dow Jones Industrial Average plunged 5.5 percent and the Nasdaq composite dropped 5.8 percent. The losses came after China matched President Donald Trump’s big raise in tariffs announced earlier this week.
by The Associated Press

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Trump extends TikTok's sell-by deadline again

Trump extends TikTok's sell-by deadline again

On his first day in office, President Trump used an executive order to hit pause on the TikTok ban for 75 days. Now he's pushing back that deadline.
by Bobby Allyn

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Higher prices are likely for these 10 grocery items when tariffs hit

Higher prices are likely for these 10 grocery items when tariffs hit

A trip to the grocery or liquor store is about to become even more expensive, economists say. From seafood to olive oil, these items will likely cost more under President Trump's tariffs.
by Scott Neuman

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Dow drops 1,600 as U.S. stocks lead worldwide sell-off

Dow drops 1,600 as U.S. stocks lead worldwide sell-off

Financial markets around the world reeled following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market took the worst of it.
by The Associated Press

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After federal firings, officials worry about program that helps many Minnesotans pay for heat

After federal firings, officials worry about program that helps many Minnesotans pay for heat

Minnesota was scheduled to receive an additional $12 million to $13 million in LIHEAP funds to help another 10,000 households. If that payment is delayed, the program could run out of money by mid-April.
by Kirsti Marohn

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Tariffs threaten to upend markets American farmers depend on

Tariffs threaten to upend markets American farmers depend on

President Trump said that he is standing up for skilled workers and farmers by slapping tariffs on imports but farmers aren't happy.
by Frank Morris

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