Reported about 5 hours ago
President Trump’s impending tariffs of 25% on imports from Canada and Mexico, along with a 10% tariff on products from China, are expected to raise prices on a variety of goods, including fresh produce, cars, and clothing. Economists warn that these tariffs could cost consumers an estimated $835 per person, impacting their purchasing power over the medium to long term. Key imports affected include avocados, beer, and auto parts, with both consumers and US manufacturers facing increased costs.
Source: YAHOO