Trump to Hit Canada, Mexico With 25% Tariffs on Saturday
- President Donald Trump plans to impose tariffs on imports from Canada and Mexico, which could increase prices for various goods, including gasoline and pickup trucks, as soon as this weekend.
- In 2023, the U.S. Imported $69 billion worth of cars and light trucks from Mexico and $37 billion from Canada, making them significant trade partners.
- S&P Global Mobility reported that importers are likely to pass the cost increase from the tariffs to consumers, potentially raising average U.S. Car prices by around $3,000.
- The tariffs could also lead to retaliatory actions from Canada and Mexico, affecting U.S. Agricultural exports like soybeans and corn, according to farmers and economists.
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Coverage Details
Total News Sources0
Leaning Left65Leaning Right50Center88Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 32%
C 43%
R 25%
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