Left unanswered at the revenue conference was how Trump's planned budget cuts will impact revenues Michigan receives from the federal government.

Over the next five years, the increased tariffs will cost Michigan's auto industry about 3,300 jobs, the economists said. Those job losses will have a multiplier effect on Michigan’s broader economy, meaning there will be a reduction of "approximately 13,000 jobs over the next several years," according to their report.

Tariffs have been a major topic of conversation lately, but how will they affect big sales like Prime Day and Black Friday? Find out what prices to expect.

The state of Michigan's financial picture has eroded considerably since January 2023, when the state was sitting on a $9.2-billion budget surplus.

The slide in cross-border traffic comes as some Canadian travel agents and officials say more people are scrapping plans to visit the United States.

Walker Tool & Die president Jeff Umlor says while tariffs help level the playing field with China, the unpredictable implementation hurts his customers.

The impact of tariffs amid a trade war is already showing up in travel from Canada to Michigan. The number of people crossing into the Great Lakes State from Canada fell 11% in February and March.

Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in below the level economists expected. Shopper sentiment now hovers near its lowest level since a severe bout of inflation three years ago,

Demanding new tariffs on Europe and Apple, Trump’s wild tariff roller-coaster ride is making it tough to do business—and will put a drain on the economy. We should have known it was too good to last.