From breweries to farms, businesses are bracing for higher costs as well as product and supply chain disruptions — and the hits could affect what consumers pay.

Carney, 59, will succeed Justin Trudeau, who announced in January that he would step down amid low approval ratings following a decade in office.

President Donald Trump has followed through on a campaign pledge to impose significant tariffs on Canada, Mexico and China.

Illinois residents can expect to pay more for groceries and gas soon after Trump imposed a 25% tariff on imports from Canada and doubled the tariff on Chinese products to 20% Tuesday. A tariff is a tax on food,

Chicago’s Timothy P. Sheehan put forward a congressional resolution calling for the annexation of Canada by the United States.

Depending on who you ask, tariffs deployed by President Donald Trump are either a response to unfair trade from neighboring countries or a tax increase on working families. Monday, Trump said the tariffs that went into effect Tuesday morning were meant to address the ongoing fentanyl crisis and the deadly drugs that are still flowing across the southern and northern U.

The governor’s $55.2 billion budget is based on the December S&P Global forecast that projected stable economic growth and considered some of Trump’s top economic policies, including tariffs and tax cut extensions, would be implemented, Sturm said.

Gov. JB Pritzker and both of Illinois' U.S. senators are expressing alarm about how the state's economy will be affected by new tariffs on goods from Canada, Mexico and China. Pritzker, who christened the tariffs "Trump's Tax on Working Families,

Five Democratic state Treasurers called for an end to the trade war with Canada and Mexico and warned impending tariffs will have detrimental impacts on everyday Americans.

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

CANADA (TNND) — Canada's Liberty Party has elected former central banker Mark Carney to replace Prime Minister Justin Trudeau amid a trade war with the United States. Carney, 59, won in a landslide with 85.9% of the vote.

China and Canada hit back swiftly after Trump's sweeping trade tariffs took effect at midnight U.S. time Tuesday, escalating fears of a global trade war. International markets, meanwhile, continued to slide amid growing uncertainty.