President Donald Trump has followed through on a campaign pledge to impose significant tariffs on Canada, Mexico and China.
The Senate Judiciary Committee decided to roll over a substitute assault weapons ban to give members time to study the proposal.
U.S. President Donald Trump's tariffs on imports from Mexico carry an outsized risk for farmers in Jacksonville, Illinois, as retaliation by Mexico could prompt corn buyers in that country to turn to rival growers in South America.
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.
The head of the Illinois Farm Bureau is urging the federal government to walk back tariffs that could damage the agriculture sector.
President Donald Trump has signaled that new tariffs will take effect next week, targeting goods from Canada and Mexico.
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