Business & Tech
Some Chicago Companies Say They Have To Brace For Hits From President Trump's Tariffs
The price of a wide array of products will likely soon be going up as a result — affecting everything from food to electronics.
March 5, 2025
Some Chicago companies say they're facing a direct impact after President Trump launched a possible trade war Tuesday with the United States' three largest trading partners — Mexico, Canada and China.
Find out what's happening in Chicagofor free with the latest updates from Patch.
By subscribing, you agree to Patch's Privacy Policy and Terms of Use.
President Trump's imposition of blanket 25% tariffs on all goods imported from Canada and Mexico took effect overnight. China was hit with a second 10% tariff on U.S. exports since Mr. Trump took office, bringing the total levy to 20%.
The price of a wide array of products will likely soon be going up as a result — affecting everything from food to electronics.
Find out what's happening in Chicagofor free with the latest updates from Patch.
By subscribing, you agree to Patch's Privacy Policy and Terms of Use.
