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Minnesota businesses brace for impact of more tariffs

Vehicles cross the Blue Water Bridge over the St. Claire River to Port Huron, Mich., from Sarnia, Ontario, in March 2020. The trade fight between the United States and Canada is escalating. For Minnesota businesses that buy and sell across the northern border, the question now is what all of this means for their costs, their customers and their bottom line.
Jeff Kowalsky | AFP via Getty Images 2020

The trade fight between the United States and Canada is escalating, with tariffs rising by 50 percent on hundreds of Canadian goods and Canada retaliating with tariffs of its own. And the tensions go beyond trade. President Donald Trump has signed an executive order renaming Lake Ontario “Lake America.”

For Minnesota businesses that buy and sell across the northern border, the question now is what all of this means for their costs, their customers and their bottom line.

MPR News host Emily Bright spoke with Chris Dorff, President of Olsen Fish Company, a north Minneapolis business that sells herring, lutefisk and stockfish across North America, about the impact of the trade war.

Listen to the full conversation by clicking the player above.