Trump slaps tariffs on Canada, Mexico, China, risking higher prices for U.S. consumers (1 Viewer)

[Shannon Pettypiece | NBC News]

President Donald Trump has signed tariffs on goods coming into the U.S. from Canada, Mexico and China, the White House said Saturday, raising the risk of a trade war with America’s closest trading partners and threatening to drive up prices on everything from cars to avocados.

Canadian energy products would have a lower tariff rate of 10%.

Trump said he was imposing the tariffs because he claimed the countries were allowing fentanyl to come into the U.S. More than 107,000 people died from drug overdose in 2023, with nearly 70% of those deaths from...

Continue reading...