Trade

Sweeping and still-fluid changes to U.S. trade policy and reduced demand for regulatory credits are hurting Rivian’s bottom line, as the electric automaker nears the start of production on a new model in Normal.

U.S. Rep. Darin LaHood is hailing this week's announcement of a trade agreement with the European Union and recent ones with Vietnam, the United Kingdom, Indonesia, and Japan as the Trump administration continues to reshape the global economy.

Gov. JB Pritzker signed an executive order Monday requiring Illinois agencies to draft recommendations to respond to tariffs being implemented by President Donald Trump.

Leaders at the electric automaker Rivian said Tuesday they’ve recorded their second-straight profitable quarter to start 2025, even as President Trump’s tariffs present “significant uncertainty” and will raise production costs by several thousand dollars per vehicle.

In an economic development trip that began Saturday and ended Wednesday, Pritzker and members of the Illinois delegation met with more than 50 major Mexican companies about bringing operations to Illinois.

Farmers, politicians and agriculture experts are raising alarm about the impact of potential tariffs on Canadian potash, a key mineral needed for fertilizer.

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.

Incoming president Donald Trump has threatened to impose tariffs on products from countries such as China, Mexico and Canada. Many economists and commodity groups say these import taxes could boomerang and harm U.S. agriculture.

The two Republican congressmen who represent Bloomington-Normal praised bipartisan House passage of an updated trade agreement among the U.S., Mexico and…

Illinois Farm Bureau President Richard Guebert said Tuesday the new U.S. trade agreement with Canada and Mexico will make two of the state's top export…