What a Trade War with Canada and Mexico Could Mean for Minnesota
February 4, 2025
Although they’ve been paused for 30 days, President Donald Trump’s tariff threats showed how dependent Minnesota is on trade with Canada and Mexico.
According to the Minnesota Chamber of Commerce, about half of Minnesota’s exports went to those two countries and China in 2021, up from about one-third in 2002. And the chamber said trade between Minnesota and Canada grew about 39% from 2019 to 2021.
Those Minnesota exports would suffer if the nations Trump has threatened with tariffs follow through with their own threats to impose retaliatory tariffs on U.S. goods.