His vow to deport illegal immigrants will hurt a workforce that is smaller than it was when he was last president. And his tariffs could hurt farmers, retailers and consumers.
More from Economy
Economy
Ramstad: Inflation jitters jump again as bond investors focus on rising U.S. deficit
Bond market signals that government needs to tap the brakes on spending and tax-cutting.
AuthoredEvan Ramstad
AuthoredEvan RamstadOctober 23, 2024
Economy
The Twins cost how much? Why sports team valuations have exploded
The value of the Twins has grown exponentially in 40 years. The price of the Wolves nearly doubled in three years. The increases have put club ownership out of reach for even ‘minor billionaires.’
October 21, 2024
Economy
Minnesota hoping to reverse manufacturing job losses after a September slide
While the state posted overall job growth for the third consecutive month, the Department of Employment and Economic Development plans to host in-person and virtual factory tours to spark interest in the industry during October’s Manufacturing Month.
October 17, 2024
News & Politics
'Don’t expect an empty seat': MSP Airport braces for influx of MEA travelers
Here are tips on how to avoid lines, whether you're traveling or picking up passengers this busy weekend.
October 16, 2024
Business
Ramstad: Accountability is a merry-go-round for politicians
The U.S. election may turn on whether voters decide to hold Donald Trump accountabe for Jan. 6 or Kamala Harris for inflation.AuthoredEvan Ramstad
AuthoredEvan RamstadOctober 9, 2024
Books
Review: You might think a history of tax havens would be dull but ‘The Hidden Globe’ is ‘luminous’
Nonfiction: A brilliant expose of international tax havens reveals how the ruling class shapes our world.
AuthoredHamilton Cain
October 4, 2024
Business
Ramstad: Trump, Harris envision big role in the economy, but avoid details and contradictions
For Trump on tariffs, Harris on housing, contradictions abound and aren't likely to be cleared up before you vote.AuthoredEvan Ramstad
AuthoredEvan RamstadOctober 1, 2024
Culture
Yuen: When transplants to Minnesota can’t find friends, we all should be concerned
The Twin Cities’ social network can be a tough one to crack. One Black female entrepreneur is trying to change that.
AuthoredLaura Yuen
AuthoredLaura YuenOctober 1, 2024
The Good Life
China’s ‘silver economy’ is thriving as other sectors wither amid plunging birthrate
The adverse effects of demographic change are already apparent for Chinese businesses that cater to children.
October 1, 2024
Business
Two small central Minnesota banks merge, increase lending limit to $6.2M
First State Bank of Sauk Centre and Little Falls-based Pine Country Bank have the same owner, Minneapolis-based holding company MidCountry Acquisition.
September 27, 2024
Economy
Have millennials finally caught up economically with earlier generations?
A few years ago, every indication showed the generation had a ways to go on economic factors.
September 21, 2024
Economy
Minnesota posts largest monthly job gain in two years
Labor force is among the best in the nation, and wages grew as well, according to the state Department of Employment and Economic Development.
September 19, 2024