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Home World USA

On Minnesota’s Iron Range, Trump’s Tariffs Could Be Boom or Bust

30 March 2025
in USA
On Minnesota’s Iron Range, Trump’s Tariffs Could Be Boom or Bust
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In Chisholm, Minn., the ground shakes weekly due to mining activities, but recent tariffs on cars and auto parts have caused turmoil in the iron ore industry, leading to layoffs at Hibbing Taconite. President Trump’s trade policies have sparked a trade war with Canada, impacting businesses in the region and creating uncertainty in the supply chain. Despite potential benefits from steel tariffs, the Iron Range remains vulnerable to fluctuations in the auto market and the consequences of ongoing trade disputes.

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Tags: BoombustIronMinnesotasRangeTariffsTrumps
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