President Donald Trump has signaled that new tariffs will take effect next week, targeting goods from Canada and Mexico.

After initially pausing implementing 25% tariffs on products from Canada and Mexico, Trump announced in a social media post Thursday morning that tariffs will begin on March 4. In addition, he said the U.

After initially pausing implementing 25% tariffs on products from Canada and Mexico, Trump announced that tariffs will begin March 4. He also said the U.S. will add another 10% tariff on Chinese goods.

Time is running out with only one week left before the Mexico and Canada tariffs will be implemented by the Trump administration. This has caused growing concern among Illinois farmers and the agriculture market over a potential trade disruption.

The president of the Illinois Fertilizer and Chemical Association (IFCA) says the Trump administration’s threatened tariffs on Canada, Mexico, and China are set to go into effect Tuesday. Kevin Johnson says a trip to Washington,

Illinois is highly dependent on oil and gas from Canada, meaning consumers could be in line for higher energy and gas prices due to Trump’s tariffs. About 72% of Illinois’ imports, or $47.4 billion, from Canada in 2023 was oil and gas, according to DCEO.

President Donald Trump has signaled that new tariffs will take effect next week, targeting goods from Canada and Mexico.

CBS News contributor David Begnaud shows how Willette Benford, who spent 24 years in prison, is working with Illinois first lady MK Pritzker to help those exiting the criminal justice system.

The Senate Judiciary Committee decided to roll over a substitute assault weapons ban to give members time to study the proposal.

The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add thousands of dollars to the price of vehicles.

Trump's threats to put tariffs on imports from Canada and Mexico have weighed on markets, even though there has been considerable uncertainty over whether he would make good on his threat.