“This is not something that’s going to have a good effect for consumers any time soon.” According to the expert, there would be an upsurge in items like tequila,
Beer, pork products, avocados, berries, cooking oil, and even beef. Additionally, there will be increases in petrol costs, as Lempert stated:
“Gas prices are going to go up.” That’s what Canada gives us. Additionally, if you look closely, you’ll see that many of our US automobiles are manufactured.
Using components that are imported from Mexico. Therefore, the cost of autos will increase. The reactions of Mexico and Canada to the tariffs On Saturday night,
The presidents of Canada and Mexico both declared counter-tariffs in direct opposition to Trump’s executive order. In order to safeguard Mexico’s interests,
Mexican President Claudia Sheinbaum directed her economic minister to put policies in place, while Canada is slapping 25% tariffs on $155 billion worth of US imports.
