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Economy

Mexican border cities are in limbo as tariff threats spark fears of a recession

By MEGAN JANETSKY
Feb 06, 2025 7:27 am - As soon as the sun glints over miles of border fence dividing the United States and Mexico, the engines of cargo trucks packed with auto and computer parts roar to life along border bridges and bleary-eyed workers file into factories to assemble a multitude of products geared toward the U.S. market.
China launches an antitrust probe into Google. Here’s what it means

By ZEN SOO
Feb 04, 2025 3:34 pm - The Chinese government's move to open an antitrust probe into Google is the latest development in a long and tangled relationship that goes back to the early 2000s.
How Trump tariffs could impact trade in Illinois

By BEN SZALINSKI
Feb 04, 2025 1:17 pm - President Donald Trump’s plan to implement tariffs on key United States trading partners could affect more than $100 billion worth of goods imported to Illinois from Canada, Mexico and China.
Grow your suburban business in 2025 by capturing your share of the visitor dollar

By Gina Speckman
Feb 04, 2025 1:01 pm - With the help of suburban convention and visitors bureaus, small local businesses can tap into the spending power of the millions of visitors who comes to Illinois each year.
China counters with tariffs on US products. It will also investigate Google

By KEN MORITSUGU and HUIZHONG WU
Feb 04, 2025 7:12 am - China countered President Donald Trump's across-the-board tariffs on Chinese products with tariffs on select U.S. imports Tuesday, as well as announcing an antitrust investigation into Google and other trade measures.
Wall Street falls following Trump’s tariffs, but not as badly as feared in the morning

By STAN CHOE
Feb 03, 2025 4:01 pm - The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve.
Trump is leveraging tariffs. Is he ready for potential fallout? Are consumers? Here's what to know

By BILL BARROW
Feb 03, 2025 12:09 pm - President Donald Trump has taken executive action to impose or threaten new tariffs on imports from Canada, Mexico and China.
Trump agrees to pause tariffs on Mexico, Canada after they pledge to boost border enforcement

By JOSH BOAK and CHRISTOPHER SHERMAN
Feb 03, 2025 10:08 am - President Donald Trump on Monday held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
EU leaders ponder the ‘cruel paradox’ of a U.S. ally threatening tariffs and a possible land grab

By LORNE COOK
Feb 03, 2025 9:33 am - After three years spent trying to deter Russia from destroying Ukraine, European Union leaders grappled on Monday with possible responses to a major ally who appears determined to start a trade war or perhaps even seize part of their territory.
Trump puts tariffs on Canada, Mexico and China, spurring trade war as North American allies respond

By JOSH BOAK
Feb 01, 2025 8:58 am - New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose Saturday represent an aggressive early move against America’s three largest trading partners, but at the risk of higher inflation and possible disruptions to the global economy.

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