New federal tariffs on goods from China, Mexico and Canada could mean local manufacturing companies need to raise their prices.
"I think most expect there's going to be an impact, right?" said Steve Kalina, CEO of Brooklyn Park-based Minnesota Precision Manufacturing Association. "It's going to have a short-term effect at the very least that will cause prices to increase, cause some hesitation in purchasing."
Kalina expects both domestic and international steel prices to rise in the short term, meaning some manufacturers will end up… Read More
