Here’s what could get significantly more expensive under Trump’s tariff plan
3 months ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, cutting regulations, and unshackling American energy.” From autos to avocados The Peterson Institute analysis found that consumers will face higher costs for imported goods, including electrical devices, toys and sporting goods. Trump’s proposed tariffs on Mexico and Canada would have the biggest impact on prices for autos, vegetables, fuel, prepared food and animal products, the Peterson Institute found. “Higher tariffs on Mexico and Canada will…put upward pressure on US food prices,” the Peterson Institute paper said. “American consumers and firms will bear the effect of higher tariffs, with substantial cost for the average American household, and a burden that falls more heavily on lower income households,” the Peterson Institute researchers concluded.

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History of this topic

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars
1 day, 18 hours ago

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars

Huff Post  

LOADING ERROR LOADING Electric car company Tesla is asking President Donald Trump’s administration to “consider the downstream impacts” of retaliatory tariffs in Trump’s trade war with multiple countries. The March 11 letter to the U.S. Trade Representative’s Office, which is reportedly unsigned but on the company letterhead, warned that Trump’s tariffs ― including a 25% tariff on all steel and …

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect
Trending News
4 days, 9 hours ago

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect

The Hindu  

U.S. President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown. That's a bigger win than the tariffs themselves, but the tariffs are going …

China strikes back at Trump tariffs with 15% levies targeting US farmers
5 days, 23 hours ago

China strikes back at Trump tariffs with 15% levies targeting US farmers

Associated Press  

WASHINGTON — China retaliated against President Donald Trump’s tariffs with an additional 15% tax on key American farm products, including chicken, pork, soybeans and beef. The escalating trade tensions punished U.S. markets Monday as investors fearful of the damage from from Trump’s trade wars put their money elsewhere. The Chinese tariffs, announced last week, were a response to Trump’s decision …

China’s retaliatory tariffs on US to come into effect today as trade war takes shape
6 days, 15 hours ago

China’s retaliatory tariffs on US to come into effect today as trade war takes shape

Firstpost  

In response to US President Donald Trump’s second round of tariffs, China has imposed 10-15% tariffs on a host of products and imposed targeted measures on dozens of US companies With China’s retaliatory tariffs coming into effect on Monday, the trade war with the United States is now lon in full swing. In response to the second round of tariffs …

China strikes back at Trump tariffs with 15% levies targeting US farmers
6 days, 16 hours ago

China strikes back at Trump tariffs with 15% levies targeting US farmers

LA Times  

President Donald Trump waves to the media as he walks on South Lawn of the White House, in Washington, Sunday, March 9, 2025. China retaliated against President Donald Trump’s tariffs with an additional 15% tax on key American farm products, including chicken, pork, soybeans and beef. The escalating trade tensions punished U.S. markets Monday as investors fearful of the damage …

China strikes back at Trump tariffs with 15 per cent levies targeting US farmers
6 days, 16 hours ago

China strikes back at Trump tariffs with 15 per cent levies targeting US farmers

New Indian Express  

WASHINGTON: China retaliated against President Donald Trump's tariffs with an additional 15 per cent tax on key American farm products, including chicken, pork, soybeans and beef. The Chinese tariffs, announced last week, were a response to Trump's decision to double the levy on Chinese imports to 20 per cent on March 4. In a bewildering series of announcements last week, …

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
Top News
1 week ago

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

Associated Press  

WEST PALM BEACH, Fla. — President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent …

Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices
1 week ago

Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices

LA Times  

President Trump waves before departing on Marine One from the South Lawn of the White House on Friday in Washington. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader “reciprocal” tariffs will go into effect April 2, raising them …

Global Trade War: China Slaps Fresh Tariffs On Agricultural And Food Products From Canada
Trending News
1 week, 1 day ago

Global Trade War: China Slaps Fresh Tariffs On Agricultural And Food Products From Canada

ABP News  

China on Saturday took another step forward in the trade war triggered by US President Donald Trump. The Asian country announced tariffs on more than $2.6 billion worth of Canadian agricultural and food products, responding to the levies introduced by Ottawa in October. Notably, Canada imposed a 100 per cent and 25 per cent import duty on China-made electric vehicles …

China tariffs aimed at Trump fan base but leaves wiggle room
Trending News
1 week, 2 days ago

China tariffs aimed at Trump fan base but leaves wiggle room

Raw Story  

by Matthew WALSH China's retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump's voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal, analysts say. The Chinese tariffs "are being calibrated to hit Trump where it hurts –- in the agricultural red states that voted …

Trump's Erratic Trade Policies Are Baffling Businesses, Threatening Investment And Economic Growth
1 week, 2 days ago

Trump's Erratic Trade Policies Are Baffling Businesses, Threatening Investment And Economic Growth

Huff Post  

Workers harvest cabbage Wednesday, March 5, 2025, on a field less than ten miles from the border with Mexico, in Holtville, Calif. via Associated Press WASHINGTON — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. “Past trade …

Opinion: China stands guard amid Trump's tariff squeeze
1 week, 2 days ago

Opinion: China stands guard amid Trump's tariff squeeze

India Today  

The US-China trade war is escalating. Impact on Chinese economy According to certain Chinese estimates, the 10 per cent tariff rate will drag down China's overall export growth rate by about 1.2 percentage points. Extrapolated linearly, the new 10 per cent tariff increase means that China's export growth rate to the US may decline by about 8.2 percentage points. Considering …

Spooked China Exporters Say US Consumers Will Share Tariff Pain
1 week, 2 days ago

Spooked China Exporters Say US Consumers Will Share Tariff Pain

Live Mint  

Sunny Hu was about to go to bed when her phone lit up bearing bad news for her outdoor furniture business: More US tariffs just dropped. US Treasury Secretary Scott Bessent said this week that Chinese manufacturers would “eat” higher prices, while exporters in the Asian powerhouse are refusing to absorb the full costs of at least 20% levies. While …

Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth
1 week, 3 days ago

Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth

Associated Press  

WASHINGTON — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Rosenberg and his ergonomic furniture, meanwhile, are contending with a 20% tariff on imports …

Toys are expected to cost more by fall due to new US tariffs on Chinese imports
1 week, 3 days ago

Toys are expected to cost more by fall due to new US tariffs on Chinese imports

Associated Press  

NEW YORK — As toy inventors, toy manufacturers and buyers for stores that sell toys met for a four-day annual trade show in New York last weekend, a topic besides which items were destined for holiday wish lists permeated the displays. Greg Ahearn, president and CEO of The Toy Association, said price increases of 15% to 20% are expected on …

Trump wants US to make more, Xi wants China to spend more: Both aim to tame headwinds
1 week, 3 days ago

Trump wants US to make more, Xi wants China to spend more: Both aim to tame headwinds

Firstpost  

The Chinese economy has always been exports-driven, with less reliance on domestic consumption. For instance, consumption accounts of just 40 per cent of China’s GDP; whereas the figure hovers near 50 to 70 per cent in developed economies worldwide China over the past decades became ‘the factory’ of the world and a giant economy by selling goods worth hundreds of …

Deluge of Trump tariffs seen hitting household budgets
1 week, 3 days ago

Deluge of Trump tariffs seen hitting household budgets

The Hindu  

Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump's tariffs on Mexico, Canada and China. Yale University's Budget Lab has estimated the net impact of Mr. Trump's tariffs will be between a 1.05 and 1.2% hike to consumer prices, a yearly toll of $1,600 to $2,000 …

‘Bear with me': Donald Trump’s message to US farmers and consumers bracing for tariff effects
Trending News
1 week, 3 days ago

‘Bear with me': Donald Trump’s message to US farmers and consumers bracing for tariff effects

Hindustan Times  

Farmers and meat producers across the U.S. can expect the new tariffs on Mexico, Canada, and China and the retaliatory action from those countries to hurt their bottom lines by billions of dollars if they stay in place a while, and consumers could quickly see higher prices for produce and ground beef. Plus, President Donald Trump could offer farmers significant …

Trump Keeps Flip-Flopping on Tariffs. Here’s What’s Actually Happening.
1 week, 3 days ago

Trump Keeps Flip-Flopping on Tariffs. Here’s What’s Actually Happening.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. After delaying his initial threat for a month, President Donald Trump implemented 25 percent tariffs on all Mexican and Canadian imports on Tuesday, with a lower 10 percent tier afforded to energy-related imports from Canada. Perhaps in further reaction …

‘Bear with me,’ Trump says as both farmers and consumers brace for tariff effects
1 week, 3 days ago

‘Bear with me,’ Trump says as both farmers and consumers brace for tariff effects

Associated Press  

— Farmers and meat producers across the U.S. can expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines by billions of dollars if they stay in place a while, and consumers could quickly see higher prices for produce and ground beef. Farmers across the U.S. can expect the …

Adidas CEO warns US tariffs will raise prices and reduce consumer purchases
1 week, 4 days ago

Adidas CEO warns US tariffs will raise prices and reduce consumer purchases

Hindustan Times  

Further U.S. tariffs on imports would cause prices to rise and consumers to buy fewer products, Adidas chief executive officer Bjorn Gulden said on Wednesday as the business navigates higher levies implemented by President Donald Trump's administration on China, Canada, and Mexico. Adidas has not factored in the possible effects of U.S. tariffs on Vietnam, its primary manufacturing nation, which …

How will Trump's tariffs impact US businesses and consumers?
1 week, 4 days ago

How will Trump's tariffs impact US businesses and consumers?

Firstpost  

US President Donald Trump’s tariffs on Canada, China and Mexico have come into effect. As the trade war escalates, here’s how American businesses and consumers will be hit US President Donald Trump’s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. Trump’s 25 per cent tariffs on imports from Canada and Mexico …

Businesses scramble to contain fallout from Trump’s tariffs on Canada, China, Mexico
Top News
1 week, 4 days ago

Businesses scramble to contain fallout from Trump’s tariffs on Canada, China, Mexico

Live Mint  

Washington, A Minnesota farmer worries about the price of fertilizer. Businesses knew that Trump's import taxes tariffs on America's biggest trading partners were scheduled to take effect Tuesday. Indeed, Mexico has already taken steps to address the ostensible grievances behind Trump's Tuesday tariffs — the flow of illicit drugs and immigrants — including sending 10,000 troops to the border. “The …

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico
Top News
1 week, 4 days ago

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

Hindustan Times  

A Minnesota farmer worries about the price of fertilizer. Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico Businesses knew that Trump’s import taxes tariffs on America’s biggest trading partners were scheduled to take effect Tuesday. Indeed, Mexico has already taken steps to address the ostensible grievances behind Trump’s Tuesday tariffs — the flow of illicit …

Trump tariff uncertainty overshadows growth promises: analysts
1 week, 4 days ago

Trump tariff uncertainty overshadows growth promises: analysts

Raw Story  

by Beiyi SEOW President Donald Trump's tariffs and the retaliation they attracted will likely weigh on US growth and boost inflation, according to analysts, but, beyond that, uncertainty surrounding the levies threatens to overshadow optimism about his future policies. Trump reignited trade wars this week with hefty duties on Canadian, Mexican and Chinese imports, drawing sharp retaliation from Ottawa and …

Hefty tariffs on Canada, Mexico come into effect
1 week, 4 days ago

Hefty tariffs on Canada, Mexico come into effect

China Daily  

A "Proudly Canadian" sign and Canada-themed balloons greet a customer at a store in Toronto on Monday as the country braces for US President Donald Trump's sweeping tariffs. KATHERINE KY CHENG/AFP US President Donald Trump's imposition of new tariffs could disrupt North American supply chains and especially damage the continent's auto industry, experts say. Creating bottlenecks "With over 80 percent …

Indian exports likely to get a boost as US tightens screws on China, Canada with fresh tariffs | Explained
1 week, 4 days ago

Indian exports likely to get a boost as US tightens screws on China, Canada with fresh tariffs | Explained

India TV News  

Indian exports likely to get a boost as US tightens screws on China, Canada with fresh tariffs | Explained As Trump has decided to enforce fresh tariffs on imports from Mexico and Canada as well as impose fresh duties on Chinese products, Indian exporters get a lucrative prospect to ponder upon. With Trump tightening the screws on China again and …

US official says China will 'eat' latest tariffs
1 week, 4 days ago

US official says China will 'eat' latest tariffs

China Daily  

The Trump administration went ahead with its tariff war on Tuesday, imposing 25 percent import duties on Canada and Mexico and doubling its 10 percent charges on Chinese goods. In "The Economic Impacts of the US-China Trade War", a 2021 National Bureau of Economic Research working paper, economist Pablo Fajgelbaum and colleagues found that "US consumers of imported goods have …

Trump’s trade war is back on. Here’s how tariffs could hit your wallet
1 week, 4 days ago

Trump’s trade war is back on. Here’s how tariffs could hit your wallet

LA Times  

President Trump speaks in the Roosevelt Room of the White House in Washington on March 3. How Trump’s trade war could hit your wallet After earlier threats and a last-minute pause in February, President Trump’s North American trade war has begun while the tariff battle with China escalated. “Californians are the nation’s top consumer of Mexican avocados, importing $602 million …

Trump tariffs could raise prices of produce from Mexico, Target CEO Brian Cornell warns
1 week, 4 days ago

Trump tariffs could raise prices of produce from Mexico, Target CEO Brian Cornell warns

Salon  

Food prices, namely produce items, are expected to go up in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. Cornell told CNBC that Target “relies heavily on Mexican produce during the winter months, and the tariffs could force the company to raise prices on fruits and vegetables as soon as …

How Trump's Tariffs Will Disrupt Key Industries in Mexico
55 years, 2 months ago

How Trump's Tariffs Will Disrupt Key Industries in Mexico

Wired  

The US government has imposed tariffs of 25 percent on all imports from Mexico and Canada. Even before the confirmation that the tariffs went into effect on March 4, Marcelo Ebrard, head of the Mexican Ministry of Economy, warned that these taxes would represent an approximate cost of $20.5 billion dollars for about 89 million American families. Mexico's National Auto …

Trump’s tariffs are now in effect. They’ll impact what businesses buy — and sell you — worldwide
Trending News
1 week, 4 days ago

Trump’s tariffs are now in effect. They’ll impact what businesses buy — and sell you — worldwide

Associated Press  

NEW YORK — U.S. President Donald Trump’s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. For the U.S., the combined tariffs on China, Canada and Mexico could result in about a 0.4% GDP loss, amounting to over $100 billion, he said. 2 sources for products we sell, respectively.” At Target, sales …

Retailers warn Americans to pay more after Trump launches trade war: Report
1 week, 5 days ago

Retailers warn Americans to pay more after Trump launches trade war: Report

Firstpost  

Hours after President Donald Trump’s long-threatened tariffs against Canada and Mexico and his hike in levies on China came into effect on Tuesday, CEOs of two large retailers in the US said shoppers are likely to see prices rise as a result of the tariffs, according to a report Hours after President Donald Trump’s long-threatened tariffs against Canada and Mexico …

China Hits Back At Trump's Tariffs
1 week, 5 days ago

China Hits Back At Trump's Tariffs

Huff Post  

LOADING ERROR LOADING BEIJING — China responded to new U.S. tariffs by announcing Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and expanded controls on doing business with key U.S. companies. PEDRO PARDO via Getty Images By raising tariffs, the U.S. has repaid kindness with …

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns
1 week, 5 days ago

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns

ABP News  

US President Donald Trump’s fresh tariffs on Mexico and Canada became effective on Tuesday. US Tariffs On China Doubled Earlier last month, the US imposed a 10 per cent tariff on Chinese goods as a punishment for the Asian economy over the fentanyl overdose crisis in the US. The recent additional 10 per cent takes the overall duties on Chinese …

Tit for Tat: How China, Canada and Mexico are countering US tariffs
1 week, 5 days ago

Tit for Tat: How China, Canada and Mexico are countering US tariffs

Firstpost  

US President Donald Trump’s announcement of going ahead with tariffs on Mexico and Canada and imposing fresher levies on China has sparked the beginning of a trade war. The 25 per cent tariffs on Canada and Mexico were originally scheduled to take effect in early February, but Trump paused the tariffs for 30 days after speaking with their leaders by …

How economists would enact Trump’s trade goals. Hint: not like this.
1 week, 5 days ago

How economists would enact Trump’s trade goals. Hint: not like this.

Live Mint  

With tariffs poised to take effect on Tuesday on products from Canada and Mexico, plus threats of levies on imports from the European Union, one thing is clear: President Donald Trump likes the number 25. “There’s nothing magical, useful, or relevant about the number 25%," University of Michigan professor of public policy and economics Justin Wolfers tells Barron’s. Michael Klein, …

Trump tariffs usher in new era of protectionism
1 week, 5 days ago

Trump tariffs usher in new era of protectionism

Live Mint  

The U.S. economy entered a new era at 12:01 a.m. Tuesday, as President Trump’s tariffs on imports from Mexico and Canada took effect. Trump also has said that tariffs would lead to more manufacturing in the U.S. ​​“So they’re going to have a tariff, and what they have to do is build their car plants, frankly, and other things, in …

Why Trump's tariffs on China, Mexico, Canada are bad news for the US
1 week, 5 days ago

Why Trump's tariffs on China, Mexico, Canada are bad news for the US

Firstpost  

US President Donald Trump is imposing 25 per cent tariffs on imports from Mexico and Canada, along with doubling China’s tariff rate to 20 per cent. These measures affect over 43 per cent of the $3.1 trillion in US imports, including $173 billion in auto parts from Mexico and $93 billion in crude oil from Canada. File Image/Reuters As United …

China slaps extra tariffs of up to 15% on imports of major US farm exports and adds trade limits
1 week, 5 days ago

China slaps extra tariffs of up to 15% on imports of major US farm exports and adds trade limits

Associated Press  

BEIJING — China responded to new U.S. tariffs by announcing Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and expanded controls on doing business with key U.S. companies. By raising tariffs, the U.S. has repaid kindness with enmity, Chinese Foreign Ministry spokesperson Lin Jian said, …

China slaps 15% tariffs on American goods amid trade tensions with Donald Trump: How will it impact US firms, consumers?
1 week, 5 days ago

China slaps 15% tariffs on American goods amid trade tensions with Donald Trump: How will it impact US firms, consumers?

Live Mint  

China on Tuesday announced that it will impose retaliatory tariffs on US goods. According to the official statement, additional tariffs of up to 15 per cent will be imposed on key US farm products, including chicken, pork, soy, and beef. Speaking on the same lines, the ministry said in a statement, “The US’s unilateral tariff increase damages the multilateral trading …

After Trump's fresh tariffs come into effect, China announces retaliatory duties of 10-15% on US imports
1 week, 5 days ago

After Trump's fresh tariffs come into effect, China announces retaliatory duties of 10-15% on US imports

Firstpost  

These additional levies of 10-15 per cent are set to come into force from Monday onwards. Beijing announced that it would implement a 15 per cent tariff on US chicken, wheat, corn, and cotton The Chinese finance ministry on Tuesday said that the country will impose additional tariffs on certain US imports starting next week. Beijing announced that it would …

Trump’s new tariffs are set to be his most extreme ever
1 week, 5 days ago

Trump’s new tariffs are set to be his most extreme ever

Live Mint  

He has actually gone and done it. President Donald Trump had long threatened to impose hefty tariffs on Canada and Mexico, America’s two biggest trading partners. Contrary to Mr Trump’s belief that tariffs generate lots of revenue, those on Canada, China and Mexico will probably bring in little more than $100bn a year for the federal government, or about 2% …

Donald Trump’s tariff war may trigger retaliatory impact as Canada responds: US auto buyers, consumers to take a hit
1 week, 5 days ago

Donald Trump’s tariff war may trigger retaliatory impact as Canada responds: US auto buyers, consumers to take a hit

Live Mint  

US President Donald Trump's 25% tariffs on Mexico and Canada will come into effect on Tuesday, March 4, with the latter announcing retaliatory steps, escalating trade tensions globally. They go into effect tomorrow.” As Donald Trump’s tariff hike for Mexico, Canada, and China kicks in today, a peek into its repercussions and impact on America and global trade. Canada retaliates …

US stock markets tumble before Trump's Canada, Mexico tariffs take effect today
Trending News
1 week, 5 days ago

US stock markets tumble before Trump's Canada, Mexico tariffs take effect today

India Today  

US President Donald Trump said on Monday that 25 per cent tariffs on goods from Mexico and Canada will take effect on Tuesday, stoking fears of a trade war in North America and sending financial markets reeling. Trump also said reciprocal tariffs would take effect on April 2 on countries that impose duties on US products. CEOs and economists say …

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports
1 week, 5 days ago

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports

NPR  

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports toggle caption Andy Wong/AP BEIJING — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef. The addition of the 10 companies comes after China last month added two firms, …

What will cost Americans more from sweeping tariffs on Mexico, China and Canada
1 week, 5 days ago

What will cost Americans more from sweeping tariffs on Mexico, China and Canada

CNN  

CNN — American consumers and businesses stand to pay a hefty price for the tariffs President Donald Trump enacted on the nation’s top three trading partners. Americans won’t necessarily feel the full effects of tariffs immediately but the import taxes could raise prices of just about everything, especially given that over 40% of the goods America imported last year came …

Trump’s tariffs could plunge Mexico and Canada into a recession
1 week, 5 days ago

Trump’s tariffs could plunge Mexico and Canada into a recession

CNN  

CNN — US President Donald Trump’s tariffs on Canada and Mexico could severely impact the economies of both countries, potentially slowing down production of certain goods, raising prices on products and sparking fears of a recession, analysts warn. Though both countries have also warned they will impose reciprocal tariffs that will affect the US economy, Canada and Mexico stand to …

Trump's tariffs on Canada, Mexico, and China: How they could raise prices for Americans
1 week, 5 days ago

Trump's tariffs on Canada, Mexico, and China: How they could raise prices for Americans

India Today  

US President Donald Trump’s long-threatened tariffs against the country’s top trading partners, including Canada, Mexico, and China, went into effect Tuesday. With Trump’s move, imports from Canada and Mexico will now be taxed at 25 per cent, with energy products from Canada facing a 10 per cent tariff. In response to Trump’s tariffs, Canadian Prime Minister Justin Trudeau announced that …

That extra dab of guacamole on your burrito could cost more because of new tariffs
1 week, 5 days ago

That extra dab of guacamole on your burrito could cost more because of new tariffs

LA Times  

That extra dab of guacamole on a burrito is likely to cost more in coming days. President Trump’s new tariffs, which went into effect Tuesday as scheduled, are expected to increase the price of Mexican avocados, beer and tequila — all very popular imports among Californians. “We’re bracing,” said Luis Navarro, the owner of two Mexican restaurants in Long Beach …

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