President Donald Trump has vowed to put new tariffs on a variety of goods from other countries. Those are set to go into effect this week, including a 25 percent tariff on imported cars and car parts that’s set to begin Thursday.
Industry experts say the higher costs will flow to consumers as higher prices for new goods, auto repairs and insurance.
Minnesota Department of Commerce Deputy Commissioner of Insurance Julia Dreier joined Minnesota Now to share how the state is preparing for tariff impacts.
Use the audio player above to listen to the full conversation.
Subscribe to the Minnesota Now podcast on Apple Podcasts, Spotify or wherever you get your podcasts.
We attempt to make transcripts for Minnesota Now available the next business day after a broadcast. When ready they will appear here.
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.
