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New Tariffs Take Effect: What That Could Mean For CT Consumers

  • President Donald Trump's tariffs on imports from Canada and Mexico, set at 25% and 10% respectively, began on Tuesday, increasing trade tensions with North America.
  • Canada will impose tariffs on over $100 billion of American goods, with 25% tariffs starting immediately on $30 billion worth.
  • Mexico's President Claudia Sheinbaum announced retaliatory tariffs on U.S. Goods in response to the U.S. Tariffs, with details to be revealed on Sunday.
  • Senator Susan Collins expressed concern about the tariffs affecting Maine's economy, which relies heavily on trade with Canada for lobsters and blueberries.
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Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico

OTTAWA — U.S. President Donald Trump today imposed tariffs on imports from Canada and Mexico.

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Banker & Tradesman broke the news in on Monday, March 3, 2025.
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